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SG Div Yield Monitor - OIR - 141117
SG Div Yield Monitor - OIR - 141117
17 Nov 2014
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SINGAPORE REITS
Pg 1 of 8
SINGAPORE
17 Nov 2014
SINGAPORE STOCKS: FY1 Dividend Yield Greater Than 6% (ranked by company name)
Px on
Mkt Cap
14 Nov 14
US$m
Eqy
Beta
(x)
Cur
FY1
Cur
FY1
FY2
Buy
Hold
Sell
Total
690
0.9
7.7
7.7
15
14
0.700
600
0.8
8.2
7.6
22
17
2.290
4,246
0.9
6.4
6.5
12
16
15
12
25
1.260
1,492
0.8
6.2
6.5
10
19
18
12
SGD
0.865
958
9.2
9.5
11
14
15
SGD
1.170
704
0.8
7.3
7.5
14
15
14
SGD
0.685
668
0.7
7.3
7.3
18
16
13
CRCT SP
SGD
1.580
1,008
1.0
6.3
6.5
17
15
CDREIT SP
SGD
1.725
1,304
0.8
6.1
6.4
12
16
15
17
10
CMH SP
SGD
0.990
792
0.5
7.8
7.1
10
10
11
CRT SP
SGD
0.950
374
11.4
7.6
10
17
20
12
FEHT SP
SGD
0.805
1,102
0.8
6.6
6.5
11
16
13
13
FIRT SP
First REIT
SGD
1.230
690
1.1
6.6
6.6
13
13
14
FCT SP
SGD
1.920
1,356
0.8
5.8
6.1
10
17
17
14
15
FCOT SP
SGD
1.440
752
0.7
6.2
6.9
11
16
15
16
GENS SP
Genting Spore
SGD
1.045
9,868
1.0
1.0
6.9
22
21
19
12
22
17
HPHT SP
USD
0.685
5,967
0.8
7.0
7.8
26
27
26
10
20
18
KREIT SP
Keppel REIT
SGD
1.225
2,842
0.8
14.9
6.3
19
19
12
19
19
LMRT SP
SGD
0.380
722
0.9
7.3
7.6
19
13
13
20
MAGIC SP
SGD
0.955
1,993
6.6
6.5
21
18
17
21
MINT SP
SGD
1.485
1,966
0.7
7.0
6.7
15
15
11
14
22
MLT SP
SGD
1.165
2,213
0.8
6.5
6.6
10
15
14
13
19
23
NERT SP
Nera Telecommunications
SGD
0.765
214
0.7
5.2
7.2
18
14
13
24
OUEHT SP
SGD
0.900
917
7.3
7.6
15
15
15
10
25
PCRT SP
SGD
0.540
477
0.8
1.8
7.0
26
26
RHT SP
SGD
1.020
624
0.9
7.1
7.5
19
16
15
27
SSREIT SP
SGD
0.975
526
0.5
7.4
7.8
11
16
15
28
SZREIT SP
Saizen REIT
SGD
0.905
198
0.5
6.9
6.6
10
29
SERL SP
Serial System
SGD
0.134
93
0.7
4.5
7.7
30
SBREIT SP
Soilbuild REIT
SGD
0.790
495
7.8
7.8
16
15
14
31
SGREIT SP
SGD
0.805
1,337
0.7
6.3
6.2
16
16
10
12
32
TLC SP
TeleChoice Int'l
SGD
0.260
91
0.4
6.2
6.5
12
33
UMSH SP
UMS Hldgs
SGD
0.525
174
0.6
8.8
9.5
34
VALUE SP
Valuetronics Hldgs
SGD
0.345
100
0.9
9.4
7.3
35
VMS SP
Venture Corp
SGD
7.580
1,606
0.4
6.6
6.7
15
15
13
10
36
VIT SP
SGD
0.790
366
8.5
8.9
16
16
Code
Company
AAREIT SP
SGD
1.435
ASCHT SP
SGD
AREIT SP
Ascendas REIT
SGD
ART SP
SGD
APTT SP
CACHE SP
CREIT SP
8
9
Source: Bloomberg
PER
Recommendation
Pg 2 of 8
SINGAPORE
17 Nov 2014
SINGAPORE STOCKS: FY1 Dividend Yield Greater Than 6% (ranked by FY1 dividend yield)
Px on
Mkt Cap
14 Nov 14
US$m
Eqy
Beta
(x)
Cur
FY1
Cur
FY1
FY2
Buy
Hold
Sell
Total
174
0.6
8.8
9.5
0.865
958
9.2
9.5
11
14
15
0.790
366
8.5
8.9
16
16
0.790
495
7.8
7.8
16
15
14
SGD
0.975
526
0.5
7.4
7.8
11
16
15
USD
0.685
5,967
0.8
7.0
7.8
26
27
26
10
20
Serial System
SGD
0.134
93
0.7
4.5
7.7
AAREIT SP
SGD
1.435
690
0.9
7.7
7.7
15
14
LMRT SP
SGD
0.380
722
0.9
7.3
7.6
19
13
13
10
CRT SP
SGD
0.950
374
11.4
7.6
10
17
20
11
ASCHT SP
SGD
0.700
600
0.8
8.2
7.6
22
17
12
OUEHT SP
SGD
0.900
917
7.3
7.6
15
15
15
10
13
CACHE SP
SGD
1.170
704
0.8
7.3
7.5
14
15
14
14
RHT SP
SGD
1.020
624
0.9
7.1
7.5
19
16
15
15
CREIT SP
SGD
0.685
668
0.7
7.3
7.3
18
16
13
16
VALUE SP
Valuetronics Hldgs
SGD
0.345
100
0.9
9.4
7.3
17
NERT SP
Nera Telecommunications
SGD
0.765
214
0.7
5.2
7.2
18
14
13
18
CMH SP
SGD
0.990
792
0.5
7.8
7.1
10
10
19
PCRT SP
SGD
0.540
477
0.8
1.8
7.0
26
20
GENS SP
Genting Spore
SGD
1.045
9,868
1.0
1.0
6.9
22
21
19
12
22
21
FCOT SP
SGD
1.440
752
0.7
6.2
6.9
11
16
15
22
MINT SP
SGD
1.485
1,966
0.7
7.0
6.7
15
15
11
14
23
VMS SP
Venture Corp
SGD
7.580
1,606
0.4
6.6
6.7
15
15
13
10
24
MLT SP
SGD
1.165
2,213
0.8
6.5
6.6
10
15
14
13
19
25
SZREIT SP
Saizen REIT
SGD
0.905
198
0.5
6.9
6.6
10
26
FIRT SP
First REIT
SGD
1.230
690
1.1
6.6
6.6
13
13
27
TLC SP
TeleChoice Int'l
SGD
0.260
91
0.4
6.2
6.5
12
28
ART SP
SGD
1.260
1,492
0.8
6.2
6.5
10
19
18
12
29
AREIT SP
Ascendas REIT
SGD
2.290
4,246
0.9
6.4
6.5
12
16
15
12
25
30
MAGIC SP
SGD
0.955
1,993
6.6
6.5
21
18
17
31
FEHT SP
SGD
0.805
1,102
0.8
6.6
6.5
11
16
13
32
CRCT SP
SGD
1.580
1,008
1.0
6.3
6.5
17
15
33
CDREIT SP
SGD
1.725
1,304
0.8
6.1
6.4
12
16
15
17
34
KREIT SP
Keppel REIT
SGD
1.225
2,842
0.8
14.9
6.3
19
19
12
19
35
SGREIT SP
SGD
0.805
1,337
0.7
6.3
6.2
16
16
10
12
36
FCT SP
SGD
1.920
1,356
0.8
5.8
6.1
10
17
17
14
Code
Company
UMSH SP
UMS Hldgs
SGD
0.525
APTT SP
SGD
VIT SP
SGD
SBREIT SP
Soilbuild REIT
SGD
SSREIT SP
HPHT SP
SERL SP
8
9
Source: Bloomberg
PER
Recommendation
Pg 3 of 8
SINGAPORE
17 Nov 2014
Mkt Cap
14 Nov 14
US$m
Eqy
Beta
(x)
Cur
FY1
Cur
FY1
Buy
Hold
Sell
Total
690
0.9
7.7
7.7
0.97
1.03
2.290
4,246
0.9
6.4
6.5
1.11
1.12
12
25
1.260
1,492
0.8
6.2
6.5
0.91
0.88
12
1.170
704
0.8
7.3
7.5
1.20
1.21
SGD
1.670
3,792
0.9
5.1
5.0
0.99
0.97
12
25
SGD
1.725
1,304
0.8
6.1
6.4
1.08
1.05
17
SGD
1.580
1,008
1.0
6.3
6.5
1.06
1.04
CREIT SP
SGD
0.685
668
0.7
7.3
7.3
1.00
0.99
CT SP
CapitaMall Trust
SGD
1.970
5,260
0.9
5.5
5.6
1.10
1.11
14
24
10
FCOT SP
SGD
1.440
752
0.7
6.2
6.9
0.89
0.89
11
FCT SP
SGD
1.920
1,356
0.8
5.8
6.1
1.04
1.06
14
12
FEHT SP
SGD
0.805
1,102
0.8
6.6
6.5
0.81
0.82
13
FIRT SP
First REIT
SGD
1.230
690
1.1
6.6
6.6
1.27
1.29
14
FRT SP
Fortune REIT
HKD
7.270
1,756
1.0
5.7
5.7
0.69
11
15
15
KREIT SP
Keppel REIT
SGD
1.225
2,842
0.8
14.9
6.3
0.87
0.88
12
19
16
LMRT SP
SGD
0.380
722
0.9
7.3
7.6
0.92
0.89
17
MAGIC SP
SGD
0.955
1,993
6.6
6.5
0.94
0.88
18
MCT SP
SGD
1.425
2,308
0.8
5.5
5.5
1.22
1.19
12
19
MINT SP
SGD
1.485
1,966
0.7
7.0
6.7
1.23
1.22
11
14
20
MLT SP
SGD
1.165
2,213
0.8
6.5
6.6
1.20
1.14
13
19
21
OUECT SP
SGD
0.810
544
3.0
0.0
22
OUEHT SP
SGD
0.900
917
7.3
7.6
1.00
0.98
10
23
PREIT SP
SGD
2.340
1,092
0.8
5.0
5.1
1.44
1.44
24
SBREIT SP
Soilbuild REIT
SGD
0.790
495
7.8
7.8
0.98
0.99
25
SGREIT SP
SGD
0.805
1,337
0.7
6.3
6.2
0.87
0.85
10
12
26
SPHREIT SP
SPH REIT
SGD
1.075
2,088
5.2
5.0
1.15
1.17
27
SSREIT SP
SGD
0.975
526
0.5
7.4
7.8
0.90
28
SUN SP
Suntec REIT
SGD
1.850
3,570
0.8
5.0
5.0
0.90
0.89
21
29
SZREIT SP
Saizen REIT
SGD
0.905
198
0.5
6.9
6.6
0.84
30
VIT SP
SGD
0.790
366
8.5
8.9
1.05
1.04
Code
Company
AAREIT SP
SGD
1.435
AREIT SP
Ascendas REIT
SGD
ART SP
SGD
CACHE SP
SGD
CCT SP
CapitaCommercial Trust
CDREIT SP
CRCT SP
8
9
Source: Bloomberg
Px /Book
Recommendation
Pg 4 of 8
SINGAPORE
17 Nov 2014
Mkt Cap
14 Nov 14
US$m
Eqy
Beta
(x)
Cur
FY1
Cur
FY1
Buy
Hold
Sell
Total
366
8.5
8.9
1.05
1.04
0.790
495
7.8
7.8
0.98
0.99
0.975
526
0.5
7.4
7.8
0.90
1.435
690
0.9
7.7
7.7
0.97
1.03
SGD
0.380
722
0.9
7.3
7.6
0.92
0.89
SGD
0.900
917
7.3
7.6
1.00
0.98
10
SGD
1.170
704
0.8
7.3
7.5
1.20
1.21
CREIT SP
SGD
0.685
668
0.7
7.3
7.3
1.00
0.99
FCOT SP
SGD
1.440
752
0.7
6.2
6.9
0.89
0.89
10
MINT SP
SGD
1.485
1,966
0.7
7.0
6.7
1.23
1.22
11
14
11
MLT SP
SGD
1.165
2,213
0.8
6.5
6.6
1.20
1.14
13
19
12
SZREIT SP
Saizen REIT
SGD
0.905
198
0.5
6.9
6.6
0.84
13
FIRT SP
First REIT
SGD
1.230
690
1.1
6.6
6.6
1.27
1.29
14
ART SP
SGD
1.260
1,492
0.8
6.2
6.5
0.91
0.88
12
15
AREIT SP
Ascendas REIT
SGD
2.290
4,246
0.9
6.4
6.5
1.11
1.12
12
25
16
MAGIC SP
SGD
0.955
1,993
6.6
6.5
0.94
0.88
17
FEHT SP
SGD
0.805
1,102
0.8
6.6
6.5
0.81
0.82
18
CRCT SP
SGD
1.580
1,008
1.0
6.3
6.5
1.06
1.04
19
CDREIT SP
SGD
1.725
1,304
0.8
6.1
6.4
1.08
1.05
17
20
KREIT SP
Keppel REIT
SGD
1.225
2,842
0.8
14.9
6.3
0.87
0.88
12
19
21
SGREIT SP
SGD
0.805
1,337
0.7
6.3
6.2
0.87
0.85
10
12
22
FCT SP
SGD
1.920
1,356
0.8
5.8
6.1
1.04
1.06
14
23
FRT SP
Fortune REIT
HKD
7.270
1,756
1.0
5.7
5.7
0.69
11
15
24
CT SP
CapitaMall Trust
SGD
1.970
5,260
0.9
5.5
5.6
1.10
1.11
14
24
25
MCT SP
SGD
1.425
2,308
0.8
5.5
5.5
1.22
1.19
12
26
PREIT SP
SGD
2.340
1,092
0.8
5.0
5.1
1.44
1.44
27
SPHREIT SP
SPH REIT
SGD
1.075
2,088
5.2
5.0
1.15
1.17
28
SUN SP
Suntec REIT
SGD
1.850
3,570
0.8
5.0
5.0
0.90
0.89
21
29
CCT SP
CapitaCommercial Trust
SGD
1.670
3,792
0.9
5.1
5.0
0.99
0.97
12
25
30
OUECT SP
SGD
0.810
544
3.0
0.0
Code
Company
VIT SP
SGD
0.790
SBREIT SP
Soilbuild REIT
SGD
SSREIT SP
SGD
AAREIT SP
SGD
LMRT SP
OUEHT SP
CACHE SP
8
9
Source: Bloomberg
Px /Book
Recommendation
Pg 5 of 8
SINGAPORE
17 Nov 2014
Mkt Cap
Eqy
Beta
PER
Recommendation
Code
Company
14 Nov 14
US$m
(x)
Cur
FY1
Cur
FY1
FY2
Buy
Hold
Sell
Total
AREIT SP
Ascendas REIT
SGD
2.290
4,246
0.9
6.4
6.5
12
16
15
12
25
CAPL SP
CapitaLand
SGD
3.250
10,674
1.3
2.5
2.4
16
20
19
20
25
CD SP
ComfortDelGro
SGD
2.610
4,306
0.9
3.0
3.0
20
20
19
14
CIT SP
City Developments
SGD
9.510
6,670
1.1
0.8
1.3
15
14
13
13
26
CT SP
CapitaMall Trust
SGD
1.970
5,260
0.9
5.5
5.6
11
17
17
14
24
DBS SP
SGD
19.710
37,611
1.1
2.9
3.0
12
12
11
25
28
GENS SP
Genting Spore
SGD
1.045
9,868
1.0
1.0
6.9
22
21
19
12
22
GGR SP
Golden Agri-Resource
SGD
0.465
4,604
0.8
2.0
2.2
18
17
12
10
18
GLP SP
SGD
2.570
9,592
1.0
1.8
1.8
17
37
31
14
18
10
HKL SP
Hongkong Land
USD
7.050
16,587
1.0
2.6
2.6
14
19
19
12
19
11
HPHT SP
USD
0.685
5,967
0.8
7.0
7.8
26
27
26
10
20
12
JCNC SP
SGD
40.500
11,110
1.3
3.3
3.4
13
12
11
13
JM SP
USD
59.400
41,030
1.2
2.4
2.4
14
14
13
12
14
JS SP
USD
34.790
38,985
1.1
0.7
0.8
12
12
11
11
15
KEP SP
Keppel Corp
SGD
9.130
12,798
0.8
4.6
4.8
11
10
17
27
16
NOBL SP
Noble Group
SGD
1.265
6,573
1.2
0.9
3.2
11
13
10
13
17
17
OCBC SP
OCBC
SGD
10.240
31,483
1.0
3.3
3.5
10
11
11
17
27
18
OLAM SP
Olam Int'l
SGD
2.250
4,235
0.9
2.2
2.3
13
11
14
19
SCI SP
SembCorp Industries
SGD
4.600
6,337
0.8
1.1
3.6
11
10
10
10
19
20
SGX SP
Spore Exchange
SGD
7.340
6,063
0.9
3.8
4.0
26
23
21
10
20
21
SIA SP
Spore Airlines
SGD
10.310
9,287
0.9
1.6
2.2
60
33
23
10
23
22
SIE SP
SIA Engineering
SGD
4.090
3,536
0.6
4.6
4.1
21
22
21
23
SMM SP
Sembcorp Marine
SGD
3.460
5,576
0.8
3.2
4.0
13
13
12
16
28
24
SPH SP
SGD
4.330
5,342
0.6
3.5
5.0
17
22
21
17
25
ST SP
Spore Telecoms
SGD
3.950
48,575
1.0
4.3
4.4
17
17
16
14
14
29
26
STE SP
ST Engrg
SGD
3.470
8,350
1.0
2.3
4.1
19
20
18
11
15
27
STH SP
StarHub
SGD
4.050
5,386
0.7
4.9
5.0
19
19
18
17
27
28
THBEV SP
SGD
0.760
14,718
0.9
2.1
2.5
22
21
19
10
29
UOB SP
SGD
23.290
28,768
1.1
3.0
3.2
12
12
11
11
15
28
30
WIL SP
Wilmar Int'l
SGD
3.150
15,537
0.8
2.4
2.0
14
14
11
10
10
21
Source: Bloomberg
Pg 6 of 8
SINGAPORE
17 Nov 2014
Mkt Cap
Eqy
Beta
PER
Recommendation
Code
Company
14 Nov 14
US$m
(x)
Cur
FY1
Cur
FY1
FY2
Buy
Hold
Sell
Total
HPHT SP
USD
0.685
5,967
0.8
7.0
7.8
26
27
26
10
20
GENS SP
Genting Spore
SGD
1.045
9,868
1.0
1.0
6.9
22
21
19
12
22
AREIT SP
Ascendas REIT
SGD
2.290
4,246
0.9
6.4
6.5
12
16
15
12
25
CT SP
CapitaMall Trust
SGD
1.970
5,260
0.9
5.5
5.6
11
17
17
14
24
STH SP
StarHub
SGD
4.050
5,386
0.7
4.9
5.0
19
19
18
17
27
SPH SP
SGD
4.330
5,342
0.6
3.5
5.0
17
22
21
17
KEP SP
Keppel Corp
SGD
9.130
12,798
0.8
4.6
4.8
11
10
17
27
ST SP
Spore Telecoms
SGD
3.950
48,575
1.0
4.3
4.4
17
17
16
14
14
29
STE SP
ST Engrg
SGD
3.470
8,350
1.0
2.3
4.1
19
20
18
11
15
10
SIE SP
SIA Engineering
SGD
4.090
3,536
0.6
4.6
4.1
21
22
21
11
SMM SP
Sembcorp Marine
SGD
3.460
5,576
0.8
3.2
4.0
13
13
12
16
28
12
SGX SP
Spore Exchange
SGD
7.340
6,063
0.9
3.8
4.0
26
23
21
10
20
13
SCI SP
SembCorp Industries
SGD
4.600
6,337
0.8
1.1
3.6
11
10
10
10
19
14
OCBC SP
OCBC
SGD
10.240
31,483
1.0
3.3
3.5
10
11
11
17
27
15
JCNC SP
SGD
40.500
11,110
1.3
3.3
3.4
13
12
11
16
UOB SP
SGD
23.290
28,768
1.1
3.0
3.2
12
12
11
11
15
28
17
NOBL SP
Noble Group
SGD
1.265
6,573
1.2
0.9
3.2
11
13
10
13
17
18
DBS SP
SGD
19.710
37,611
1.1
2.9
3.0
12
12
11
25
28
19
CD SP
ComfortDelGro
SGD
2.610
4,306
0.9
3.0
3.0
20
20
19
14
20
HKL SP
Hongkong Land
USD
7.050
16,587
1.0
2.6
2.6
14
19
19
12
19
21
THBEV SP
SGD
0.760
14,718
0.9
2.1
2.5
22
21
19
10
22
CAPL SP
CapitaLand
SGD
3.250
10,674
1.3
2.5
2.4
16
20
19
20
25
23
JM SP
USD
59.400
41,030
1.2
2.4
2.4
14
14
13
12
24
OLAM SP
Olam Int'l
SGD
2.250
4,235
0.9
2.2
2.3
13
11
14
25
GGR SP
Golden Agri-Resource
SGD
0.465
4,604
0.8
2.0
2.2
18
17
12
10
18
26
SIA SP
Spore Airlines
SGD
10.310
9,287
0.9
1.6
2.2
60
33
23
10
23
27
WIL SP
Wilmar Int'l
SGD
3.150
15,537
0.8
2.4
2.0
14
14
11
10
10
21
28
GLP SP
SGD
2.570
9,592
1.0
1.8
1.8
17
37
31
14
18
29
CIT SP
City Developments
SGD
9.510
6,670
1.1
0.8
1.3
15
14
13
13
26
30
JS SP
USD
34.790
38,985
1.1
0.7
0.8
12
12
11
11
Source: Bloomberg
Pg 7 of 8
SINGAPORE
17 Nov 2014
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