Singapore’s Five Highest-Yielding Blue Chips

The Singapore market has climbed from a four-year low of 1,457 points on 9 March 2009 to a five-year high of 3,301 points. Despite the doubling in value of the Straits Times Index, 11 Singapore’s blue chips have yielded more than 3% and three have yielded more than 4%. Here are the five highest-yielding Singapore […]


moneyThe Singapore market has climbed from a four-year low of 1,457 points on 9 March 2009 to a five-year high of 3,301 points. Despite the doubling in value of the Straits Times Index, 11 Singapore’s blue chips have yielded more than 3% and three have yielded more than 4%.

Here are the five highest-yielding Singapore blue chip shares.

Company

Share Price

Dividend Yield*

StarHub (SGX:CC3)

S$4.09

4.89%

SIA Engineering (SGX:S59)

S$4.76

4.62%

CapitaMall Trust (SGX:C38U)

S$2.18

4.34%

Singapore Press   Holdings (SGX:T39)

S$4.12

3.88%

Keppel Corp. (SGX:BN4)

S$11.72

3.84%

* Trailing 12 month dividend yields by courtesy of S&P Capital IQ

StarHub is Singapore’s second-largest telecom provider valued at just over S$7b. The company provides a full range of telecom services as well as cable television through its subsidiary StarHub Cable Vision. The company recently announced the retirement of its chief executive office, Neil Montefiore, who will step down at the end of February.

SIA Engineering has either held or raised its dividend since 2000. The company, which maintains, repairs and overhauls aircraft, recently posted a 5% rise in third-quarter profit though revenues slipped 8%. It said prevailing uncertainties in the world’s major economies will continue to impact the aviation industry but it will focus on cost control and productivity improvements.

CapitaMall Trust is a Real Estate Investment Trust commonly referred to as S-REITs. It was Singapore’s first REIT and like REITs elsewhere in the world it is governed by strict rules and regulations. The most important requirement is that 90% of its income must be distributed to shareholders in the form of dividends.

Whether you are an income investor or not, The Motley Fool’s purpose is to help the world invest, better. Click here now for your FREE subscription to Take Stock — Singapore, The Motley Fool’s free investing newsletter. Written by David Kuo, Take Stock — Singapore tells you exactly what’s happening in today’s markets, and shows how you can GROW your wealth in the years ahead.

The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore Director David Kuo doesn’t own shares in any companies mentioned.

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