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Five highest-yielding stocks hit average dividend yield of 7.1%

Hutchison Port Holdings Trust has the highest dividend yield at 9.6%.

The five highest-yielding REITs and business trusts have averaged a 12-month dividend indicated yield of 7.1%. These are categorised to the industrial, retail, office and hospitality segments, according to an SGX report.

These five firms are identified to be Hutchison Port Holdings Trust, with a 12-month dividend yield of 9.6%; CapitaLand Retail China Trust at 6.7%; Frasers Logistics Trust at 6.5%; OUE Commercial REIT at 6.4%; and Frasers Hospitality Trust at 6.4%.

Amongst over 100 listed stocks/trusts, 32 have 12-month dividend indicated yields of 4.5% and above, compared with the STI’s current yield of about 4.2%. Twenty-two of these are categorised as REITs, stapled or business trusts, whilst 10 are companies and 7 are constituents of the benchmark Straits Times Index (STI).

Furthermore, the five best performing stocks with market cap above $1b are TPV Technology (+237.6%), SBS Transit (+55.3%), Thai Beverage PCL (+50.9%), Ascendas Hospitality Trust (+43.9%) and Keppel DC REIT (+39.1%). These came from the technology, transport services and consumer staples sectors, whilst the trusts are focused on the hospitality and industrials segments.

The five have averaged a total return of +85.4% in the YTD, bringing their one-year and three-year total returns to 110.6% and 75%, respectively.

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