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:

Name Current Yield % P/E P/B Market Cap
Haw Par 8.22 17 1.011 3.1B
Capita Retail China Trust 7.514 9.02 0.9 1.7B
Frasers Logistics and Industrial Trust 7.193 11.85 1.31 2.7B
OUE Hospitality Trust 6.621 19.3 0.968 1.3B
Far East Hospitality Trust 6.047 15.03 0.745 1.2B
SPH 6.01 13.69 0.98 3.3B
Frasers Commercial Trust 5.963 9.68 1.03 1.4B
OUE Commercial REIT 5.786 10.51 0.725 1.5B
Ascott REIT 5.779 10.33 1.002 2.8B
Prudential USD 5.746 12.51 2.069 51.8B

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?

Frasers Logistics and Industrial Trust 3QFY19 DPU Is 1.82 Australian Cents

On 26th July 2019, Frasers Logistics and Industrial Trust announced their 3QFY19 financial results. The manager has declared a Distribution Per Unit (“DPU”) of 1.73 Singapore cents. This was a 3.9% decrease as compared to 1.80 Singapore cents in 3QFY18. If we looked at the Distribution Per Unit (“DPU”) in Australian cents, the Distribution Per Unit (“DPU”) was 1.82 cents as compared to 1.76 cents in 3QFY18 which was 3.4% higher.

The DPU is still suffering due to the softening of AUD and EUR against the SGD. The exchange rate was A$1.00: S$0.9504 (3QFY18: A$1.00:S$1.0214). Read More

Frasers Logistics and Industrial Trust Proposed Acquisition of 12 Prime Properties in Germany and Australia

Frasers Logistics and Industrial Trust is back into action to acquire more properties. Today, the manager of Frasers Logistics and Industrial Trust has announced the proposed acquisition of 12 properties in Germany and Australia for A$644.7 million (approximately S$612.5 million).

Here are some information on the New Properties and the acquisition:

  • The New Properties are 100% freehold and strategically located within the major logistics hubs of Germany and Australia.
  • The New Properties have 100% occupancy with a long WALE (“Weighted Average Lease Expiry”) of 8.6 years.
  • There is a mixture of quality tenants ranging from logistics services, automotive, food logistics and industrial manufacturing. All of the leases to these tenants have consumer price index linked indexation or fixed escalations.
  • Funding for the Purchase Consideration will be via a combination of equity and borrowings.

Based on the current share price of S$1.23 and a historical dividend of 7.19 cents paid out in FY18, this translates to a current dividend yield of 5.84%.

The announcement mentioned that the acquisition will be funded via equity and borrowings. Thus, are we expecting another upcoming Preferential Offering?