These are the Top 5 Winners From The Singapore Stocks In the FTSE All-World High Dividend Yield Index

According to a recent report from Singapore’s bourse operator Singapore Exchange Limited (SGX: S68), the FTSE All-World High Dividend Yield Index is a collection of over 1,190 dividend-paying stocks that are listed around the world.

The index utilises a dividend yield ranking process and excludes real estate investment trusts (REITs) as well as stocks that are forecast to have a dividend of zero over the next 12 months.

Singapore’s stock market has 25 companies which are in the FTSE All-World High Dividend Yield Index. I thought it could be interesting to look at the best-performing Singapore stocks in the index in 2016 (figures as of 3 January 2017 unless otherwise stated):

  1. Airline catering firm SATS Ltd  (SGX: S58) is the top performer with a total return of almost 31%. SATS has a market cap of $5.4 billion and also offers a 3.2% dividend yield.
  2. The $5.5 billion Golden Agri-Resources Ltd (SGX: E5H) clinched second place with a total return of 28%. The palm oil producer also has a dividend yield of 1.2%.
  3. Tied for second place is Venture Corporation Limited (SGX: V01). The $2.8 billion electronics contract manufacturer also has a 28% total return in 2016. It has a dividend yield of 5.0%.
  4. Agri-business conglomerate Wilmar International Limited (SGX: F34) picks up the fourth spot with a total return of 25%. The firm also has the largest market cap of the lot at $22.7 billion. Wilmar International has a 2.2% dividend yield.
  5. In fifth place is Singapore Technologies Engineering Limited (SGX: S63) with a total return of 12.3%. The conglomerate has a market cap of around $10 billion. ST Engineering also offers a dividend yield of 3.9%.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. The Motley Fool Singapore has recommended shares of Singapore Exchange and SATS. Motley Fool Singapore contributor Chin Hui Leong does not own any of the shares mentioned.