Screening For Dividend Stocks In July 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).

Here are the results generated on 2nd July 2019 ordered from the highest current dividend yield to the lowest. Read More

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.

Name Current Yield % P/E P/B Market Cap
Manulife Reit USD 8.736 15.7 1.047 1.1B
Haw Par 8.406 17.99 1.101 3.2B
Cromwell Reit EUR 8.367 10.36 0.956 1.1B
OUE Commercial Reit 6.891 10.02 0.701 1.4B
OUE Hospitality Trust 6.772 17.91 0.955 1.3B
Capita Retail China Trust 6.768 10.99 0.949 1.5B
Frasers Commercial Trust 6.531 9 0.938 1.3B
Far East Hospitality Trust 6.061 14.16 0.755 1.2B
Mapletree Industrial Trust 5.818 12.65 1.399 3.9B
CDL Hospitality Trust 5.752 17.58 1.05 1.9B
Oxley 5.688 5.82 0.937 1.3B
Ascendas-iTrust 5.682 6.56 1.471 1.3B
SingTel 5.521 16.68 1.785 51.6B
Suntec Reit 5.429 17.13 0.874 4.9B
DBS 5.409 12.34 1.472 70.6B
Hong Leong Finance 5.376 10.48 0.655 1.2B
SPH REIT 5.337 19.44 1.108 2.7B
Ascendas Reit 5.292 18.56 1.44 9.4B
Frasers Logistics and Industrial Trust AUD 5.116 12.58 1.327 2.5B
Mapletree NAC Trust 5.093 6.87 0.955 4.4B
Frasers Logistics and Industrial Trust 5.092 12.27 1.294 2.4B
SPH 5.081 14.97 1.151 4B
Frasers Centrepoint Trust 5.051 13.21 1.142 2.2B
Fortune Reit HKD 5.037 3.27 0.614 19.7B

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!

My Personal Analysis of Frasers Centrepoint Trust

Portfolio

Frasers Centrepoint Trust has 6 suburban malls in its portfolio. They are Causeway Point, North Point, Changi City Point, Bedok Point, Yew Tee Point and Anchor Point.

Frasers Centrepoint Trust also holds 31.17% of the units in Hektar Real Estate Investment Trust (“H-REIT”). H-REIT is a retail-focused REIT in Malaysia comprising of Subang Parade in Selangor, Mahkota Parade in Melaka, Wetex Parade and Classic Hotel in Muar, Johor, Central Square in Sungai Petani and Landmark Central in Kulim, both located in Kedah.

Occupancy

As of 1st Quarter 2017, the overall average occupancy of its suburban malls is 91.3%.

The following is the breakdown

  1. Causeway Point – 99.7%
  2. North Point – 81.9%
  3. Changi City Point – 85.9%
  4. Bedok Point – 82.9%
  5. Yew Tee Point – 96.2%
  6. Anchor Point – 95.3%

At a glance, we can see that Causeway Point has the highest occupancy. North Point, Changi City Point and Bedok Point seems to be performing below par in terms of occupancy. As I frequent Changi City Point often for meals, I do notice many vacant shop spaces and the low occupancy. Read More