Screening For Dividend Stocks In February 2020

Screening For Dividend Stocks In February 2020

We all know that the recent COVID 19 outbreak situation has impacted the stocks market in a way or other. I have previously done a post on how virus outbreak impact the Straits Time Index. At crisis like this, investors usually have a watch list whereby they start looking out for companies that share prices have fallen and this poses an opportunity for them to buy their favorite companies at cheap prices. If you have not have a watch list yet, how do you get started? One way is to use a stock screener. Earlier this week, I have done my review on the Yahoo Finance Stock Screener but it doesn’t suit my liking. You can also try out FSMOne Stock Screener. But I am sticking to Stocks Café Stock Screener.

The stock screener offered by Stocks Café allows me to save the conditions that I can pre-set. You can check out my review here on the Stocks Café Dividend Stocks Screener (Read more: Screening For Dividend Stocks Using Stocks Cafe Stock Screener).

Below are the top dividend yielding stocks as of 22nd February 2020.

Name Current Yield % P/E P/B Market Cap
Haw Par 9.163 14.62 0.916 2.8B
HPH Trust USD 9.159 20 0.404 1.3B
Mapletree NAC Trust 7.258 6.09 0.838 3.8B
AIMS APAC REIT 7.069 12.79 1.055 1B
CapitaRetail China Trust 6.556 9.75 0.974 1.8B
OUE Commercial REIT 6.427 18.13 0.836 2.8B
Cromwell REIT SGD 6.412 12.5 1.133 2.2B
SPH 5.97 16.05 0.941 3.2B
CDL Hospitality Trust 5.895 16.45 1.004 1.9B
Yanlord Land 5.812 7.52 0.464 2.3B
Ascendas-iTrust 5.73 7.97 1.635 2B
Hong Leong Finance 5.66 9.95 0.628 1.2B
Frasers Commercial Trust 5.614 10.4 1.044 1.6B
TCIL HK$ 5.61 11.75 0.371 4.1B
Frasers Logistics and Industrial Trust 5.344 12.82 1.38 3B
SPH REIT 5.321 16.88 1.123 2.9B
Suntec REIT 5.252 12.92 0.848 5.1B

Last, I just want to mention again that the above list is for reference only and we should do our homework before buying into the stock simply for the dividend yield.

CapitaLand Retail China Trust and Sasseur REIT Closes Malls Due to Wuhan Virus

CapitaLand Retail China Trust and Sasseur REIT Closes Malls Due to Wuhan Virus

With the outbreak of the 2019 Novel Coronavirus (CoV) in Wuhan, there are two REITs that I have found that the share price was impacted by the virus outbreak. They are CapitaLand Retail China Trust and Sasseur REIT.

CapitaLand Retail China Trust has 13 malls in China. CapitaMall Minzhongleyuan in Wuhan is closed and will reopen when local conditions permit. The mall represented less than 3% of CRCT’s portfolio value as at 30 September 2019 and contributed approximately 0.5% of CRCT’s net property income for the first nine months of 2019. The remaining 12 malls located in various cities such as Beijing, Shanghai, Guangzhou and Chengdu are operating shorter hours, in line with local government guidelines.

The share price of CapitaRetail China Trust has fell to as low as S$1.53 on 28 Jan 2020.

CapitaLand Retail China Trust and Sasseur REIT Closes Malls Due to Wuhan Virus

Sasseur REIT, which has 4 malls in China has implemented temporary closure of the malls in Chongqing, Bishan, Hefei and Kunming. Chongqing and Bishan Outlet Malls have been temporarily closed from 26 January 2020 while Hefei and Kunming Outlet Malls have been temporarily closed from 27 January 2020. The Manager has mentioned that due to the unique business model of Sasseur REIT, the Manager is of the view that the financial impact, if any, to Sasseur REIT should not be material if the crisis is resolved in the short term.

The share price of Sasseur REIT has fell to as low as S$0.79 on 28 Jan 2020.

CapitaLand Retail China Trust and Sasseur REIT Closes Malls Due to Wuhan Virus

My take is that the share price has not plunged too much yet. If you have noticed, both the share price has not broken their 52 week low.

Crisis or Opportunity?

Investors should do your own diligence before catching the falling knife.