Screening For Dividend Stocks In August 2019

Screening For Dividend Stocks In August 2019

How do you find stocks to buy on the stock market? One of the way is to use a stock screener. There are several websites that offer such a tool to screen for stocks using conditions that you can set such as dividend yield, P/E ratio, P/B ratio and Market Capitalization etc. Some website that offers such a tool are Singapore Exchange, FSMOne and StocksCafe.

For myself, I prefer to run my dividend stocks screening using StocksCafe as it allows me to save the conditions that I can pre-set. You can check out my review here on the StocksCafe Dividend Stocks Screener (Read more: Screening For Dividend Stocks Using Stocks Cafe Stock Screener).

Every month, I will run the stock screener to check what is the highest dividend yielding stock right now. Last week, the stock market experienced a roller coaster ride whereby the stock prices were in a sea of red. Some panic but for me, it poses an opportunity for me to grab some good dividend yielding stocks.

I have limited the results to the top 10 dividend yielding stocks right now. Here are the results:

NameCurrent Yield %P/EP/BMarket Cap
Haw Par8.22171.0113.1B
Capita Retail China Trust7.5149.020.91.7B
Frasers Logistics and Industrial Trust7.19311.851.312.7B
OUE Hospitality Trust6.62119.30.9681.3B
Far East Hospitality Trust6.04715.030.7451.2B
Frasers Commercial Trust5.9639.681.031.4B
OUE Commercial REIT5.78610.510.7251.5B
Ascott REIT5.77910.331.0022.8B
Prudential USD5.74612.512.06951.8B

Haw Par topped the chart in terms of dividend yield. I really ought to find some time to look into this stock. As of 19th August 2019, Haw Par is trading at S$13.99. Wow, this is really an expensive stock!

Frasers Logistics and Industrial Trust also appear in the top 3. As Frasers Logistics and Industrial Trust already make up 13% of my stock portfolio, I shall refrain from adding more to my stock portfolio.

From the list, I am interested in Frasers Commercial Trust whereby this REIT only makes up 1% of my stock portfolio. As of 19th August 2019, Frasers Commercial Trust is trading at S$1.61.

Do you hope the stock market fall further?

Screening For Dividend Stocks In May 2019

Screening For Dividend Stocks In May 2019

I have recently added SPH Reit to my wife’s stock portfolio which has been on my watch list for quite some time. It is time to hunt for dividend yielding stocks to add to my watch list so that I can add them to either my or my wife’s stock portfolio when the opportunity arises.

One of the ways to hunt for dividend yielding stocks is to ran a stocks screener. I am currently using Stocks Cafe Stocks Screener as it allows me to save the conditions I have set to screen for dividend yielding stocks.

Here are the results ordered from the highest current dividend yield to the lowest.

NameCurrent Yield %P/EP/BMarket Cap
Manulife Reit USD8.73615.71.0471.1B
Haw Par8.40617.991.1013.2B
Cromwell Reit EUR8.36710.360.9561.1B
OUE Commercial Reit6.89110.020.7011.4B
OUE Hospitality Trust6.77217.910.9551.3B
Capita Retail China Trust6.76810.990.9491.5B
Frasers Commercial Trust6.53190.9381.3B
Far East Hospitality Trust6.06114.160.7551.2B
Mapletree Industrial Trust5.81812.651.3993.9B
CDL Hospitality Trust5.75217.581.051.9B
Suntec Reit5.42917.130.8744.9B
Hong Leong Finance5.37610.480.6551.2B
SPH REIT5.33719.441.1082.7B
Ascendas Reit5.29218.561.449.4B
Frasers Logistics and Industrial Trust AUD5.11612.581.3272.5B
Mapletree NAC Trust5.0936.870.9554.4B
Frasers Logistics and Industrial Trust5.09212.271.2942.4B
Frasers Centrepoint Trust5.05113.211.1422.2B
Fortune Reit HKD5.0373.270.61419.7B

Manulife Reit that appears in the top of the list looks interesting. Honestly, I have not done any research or read up on Manulife Reit yet but I do know a few financial bloggers holding the Reit. At 8.736% current dividend yield, this deem attractive to me but of course we all know that the higher the dividend yield, the higher the risk.

I do not know every stocks that appear in the above list but it serves as a good base to start researching deeper into them.

Please take note that the above is not a recommendation to buy or sell.

Happy hunting for dividend stocks!