Singapore REITs To Buy in June 2023

Stock Screening

With stock prices rising, are you wondering if there are still Singapore REITs to buy in June 2023? As there are too many REITs in the stock market, it is tedious to analyse each and every individual REIT to decide which ones to buy. Thus, I will usually use a stock screener to screen for a list of REITs that meet my predefined criteria so that I have a shorter list of REITs to analyse.

I will then drill in further into each of them to analyse if they are worthy to add into my stock portfolio. My preferred stock screener is the Stock Screener from Stocks Café.

Many reader keep asking me what dividend yield will I buy? Below are the criteria that I used to screen for dividend stocks. You can adjust them to fit your risk appetite.

  • Current Yield (%) >= 5 and <= 10
  • Price / Earnings <=20
  • Price / Book <= 3
  • Market Capitalization >= 1B

I have screened the highest yielding REITs and sorted them in descending order based on their current dividend yield. Please do your own due diligence prior to investing into the below REITs.

Singapore REITs To Buy in June 2023

CapitaLand Ascendas REIT (SGX:A17U)
Current Dividend Yield: 8.126
Price to Equity: 15.091
Price to Book: 1.139
Market Capitalization: 11.4B

CapitaLand India Trust (SGX:CY6U)
Current Dividend Yield: 7.726
Price to Equity: 8.938
Price to Book: 0.954
Market Capitalization: 1.2B

CapitaLand China Trust (SGX:AU8U)
Current Dividend Yield: 7.426
Price to Equity: 13.723
Price to Book: 0.754
Market Capitalization: 1.7B

Mapletree Industrial Trust (SGX:ME8U)
Current Dividend Yield: 7.121
Price to Equity: 13.286
Price to Book: 1.211
Market Capitalization: 6.1B

Keppel Reit (SGX:K71U)
Current Dividend Yield: 6.805
Price to Equity: 7.989
Price to Book: 0.649
arket Capitalization: 3.3B

OUE Commercial Reit (SGX:TS0U)
Current Dividend Yield: 6.424
Price to Equity: 6.587
Price to Book: 0.559
Market Capitalization: 1.8B

Suntec Reit (SGX:T82U)
Current Dividend Yield: 6.331
Price to Equity: 8.066
Price to Book: 0.622
Market Capitalization: 3.8B

Mapletree PanAsia Commercial Trust (SGX:N2IU)
Current Dividend Yield: 5.824
Price to Equity: 13.013
Price to Book: 0.938
Market Capitalization: 8.6B

Frasers Logistics & Commercial Trust (SGX:BUOU)
Current Dividend Yield: 5.695
Price to Equity: 8.443
Price to Book: 1.008
Market Capitalization: 4.8B

Frasers Centrepoint Trust (SGX:J69U)
Current Dividend Yield: 5.632
Price to Equity: 17.141
Price to Book: 0.935
Market Capitalization: 3.7B

Lendlease Reit (SGX:JYEU)
Current Dividend Yield: 5.616
Price to Equity: 7.755
Price to Book: 0.859
Market Capitalization: 1.5B

Mapletree Logistics Trust (SGX:M44U)
Current Dividend Yield: 5.536
Price to Equity: 10.14
Price to Book: 1.16
Market Capitalization: 8B

Far East Hospitality Trust (SGX:Q5T)
Current Dividend Yield: 5.45
Price to Equity: 5.837
Price to Book: 0.667
Market Capitalization: 1.2B

CapitaLand Ascott Trust (SGX:HMN)
Current Dividend Yield: 5.294
Price to Equity: 17.038
Price to Book: 0.947
Market Capitalization: 3.7B

CapitaLand Integrated Commercial Trust (SGX:C38U)
Current Dividend Yield: 5.29
Price to Equity: 18.315
Price to Book: 0.943
Market Capitalization: 13.3B

2 comments

  1. A bit inaccurate to just lift off the dividend yield from stockscafe like this… Advance dividend payout doesn’t equate to high yield…

    1. Hi,

      The screening is just to obtain a shorter list of dividend paying stocks to work with. You should do more detailed analysis such as re-calculating the current dividend yield and validate against what was provided by stock cafe or any other screening tools on the market. Even when you search a stock price on google, you may notice the dividend yield is also not accurate.

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