Screening For Dividend Stocks In March 2020

Screening For Dividend Stocks In March 2020

The stock market crashed this week on further news of the spread of the COVID-19 virus and also the oil price war between Saudi Arabia and Russia. Due to the continued bad news, the Straits Times Index (STI) fell as much as 6.03% on Monday, 9th March 2020. As you can see from the chart below, the Straits Times Index (STI) crashed further on Friday, 13th Mar 2020 before rebounding slightly at the end of the day.

During such crisis, there is an opportunity to start picking up quality stocks that can climb back and continue its growth when the stock market normalize in 1 or 2 years time (I guess).

If you had followed my blog, you know that I always have my stock screener ready to identify stocks that gives me a good dividend yield. When stock price goes down, the current dividend yield goes up.

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).

Screening For Dividend Stocks In March 2020

Below are the top dividend yielding stocks as of 14th March 2020.

Name Current Yield % P/E P/B Market Cap
Cromwell REIT SGD 9.494 9.32 0.848 1.7B
Mapletree NAC Trust 8.651 5.11 0.703 3.2B
OUE Commercial REIT 8.487 13.73 0.633 2.1B
Ascendas-iTrust 8.361 5.47 1.121 1.4B
CapitaRetail China Trust 8.25 7.75 0.774 1.5B
CDL Hospitality Trust 8.054 12.04 0.735 1.4B
Starhill Global REIT 7.757 19.36 0.651 1.3B
Far East Hospitality Trust 7.189 16.77 0.613 1B
Frasers Commercial Trust 6.809 8.58 0.861 1.3B
Yanlord Land 6.733 2.97 0.358 2B
Frasers Logistics & Industrial Trust 6.667 10.27 1.106 2.4B
Ascendas REIT 6.524 19.1 1.392 10.9B
UOB 6.455 7.73 0.848 33.4B
SPH 6.383 15.02 0.88 3B
DBS 6.357 7.74 1.009 49.2B
Yangzijiang Shipbuilding SGD 6.289 5.1 0.519 3.1B
Suntec REIT 6.255 10.85 0.712 4.3B
Hong Leong Finance 6.25 10.4 0.561 1.1B
SPH REIT 6.164 14.57 0.97 2.5B
TCIL HK$ 6.117 10.78 0.34 3.8B
OCBC Bank 5.843 8.02 0.874 39.9B
ComfortDelgro 5.725 13.97 1.427 3.7B
SIA Engineering 5.556 11.61 1.435 2.2B
CapitaMall Trust 5.491 11.53 1.035 8B
Jardine Cycle & Carriage 5.409 7.45 0.971 9B
Bukit Sembawang 5.379 13.45 0.791 1.1B
Olam International 5.298 9.45 0.893 4.8B
SATS 5.278 17.89 2.487 4B
Genting Singapore 5.147 11.91 1.018 8.2B

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.