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).

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.

Summary of February 2020 Transactions

Today is a special day (29th February 2020). Instead of the usual 28 days, we have 29 days in this month of February 2020, which is also called the leap year. We are also in the second month of the COVID-19 outbreak where it causes disruptions or instability to the current economy.

Earlier this month, the stock market seemed to have ignored the impact of the COVID-19 to the economy. This is based on my observation on the Straits Time Index (Read more: Impact of COVID-19 to Straits Time Index) However, just a few days ago, I observed that the stock market started to react to the impact of the COVID-19 outbreak. It is hard to tell whether the downtrend is short term or long term. The Straits Times Index (STI) closed at 3,011.08 yesterday.

The current situation has proven that we should always have some form of emergency funds that can tide us over 6 months or more should we get retrenched due to financial crisis. Thus, I continued to purchase Singapore Savings Bonds monthly even though the interest rate has fallen. The average interest rate of March Singapore Savings Bond is 1.71% if you hold it for 10 years. Singapore Savings Bonds currently makes up 17% of my entire investment portfolio.

I did not make any stock purchases this month but definitely I am looking around as the stock prices of many counters in my watchlist has fallen this week and they provide an attractive dividend yield in the long run. Some examples are Singtel, SPH REIT, Suntec REIT, Mapletree North Asia Commercial Trust.

Singtel

Closing Price: S$3.00, Current Dividend Yield: 5.83%

SPH REIT

Closing Price: S$1.01, Current Dividend Yield: 5.54%

Suntec REIT

Closing Price: S$1.70, Current Dividend Yield: 5.59%

Mapletree North Asia Commercial Trust

Closing Price: S$1.10, Current Dividend Yield: 6.57%

 

Last but not least, here is a quote from Warren Buffet.

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

– Warren Buffet

Warren Buffett

 

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.