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The Singapore Dividend Stocks that Pay You Quarterly

There are many stocks in Singapore’s market that pay a dividend. Some pay a dividend on a quarterly basis, some do it semi-annually, while there are yet others who pay a dividend only on an annual basis.

A recent report from bourse operator Singapore Exchange Limited (SGX: S68) had shed some light on stocks here that pay quarterly dividends.

In all, there are 32 primary-listed stocks in Singapore’s market that have paid a quarterly dividend recently. Here’re some highlights from the report (figures as of 11 May 2016, unless otherwise stated):

  1. Real estate investment trusts (REIT) feature strongly in the list. There are a total of 21 REITs that have recently paid a quarterly dividend; Suntec Real Estate Investment Trust (SGX: T82U) and Keppel REIT (SGX: K17U) are two such REITs. Incidentally, both of them are also in the reserve list for the Straits Times Index (SGX: STI). Suntec REIT offered a 5.8% trailing yield while Keppel REIT’s yield came in at 6.4%.
  2. Speaking of indices, there were three members of the Straits Times Index that made the cut. CapitaLand Mall Trust (SGX: C38U) is one of them and it offered a yield of 5.3%. The other two would be Singapore Exchange and StarHub Ltd (SGX: CC3). The former had a dividend yield of 4% while the latter offered a 6% trailing yield.
  3. The yields for the trio above were also higher than what the SPDR STI ETF (SGX: ES3) offered. The SPDR STI ETF, an exchange traded fund that mimics the fundamentals of the Straits Times Index, had a dividend yield of 3.6% as of 16 May 2016.
  4. Other non-REIT stocks to make the list of 32 include logistics outfit Singapore Post Limited  (SGX: S08), which boasted a trailing dividend yield of 4.3%. Investment products distributor iFast Corporation Ltd (SGX: AIY) would be another, though it offered a lower dividend yield of only 2.4%.
  5. A stock may pay a dividend quarterly, semi-annually, or even annually, but this should not be the end of our research. In all cases, we may want to keep our eyes on a company’s ability to sustain its dividend. My colleague, Chong Ser Jing, had recently gave his take on three things to look out for with StarHub here.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Chin Hui Leong owns shares in Suntec REIT.