Thursday, December 10, 2015

Singapore High Yield Mid Cap Stocks through 2015


  • The FTSE ST Mid Cap Index comprises the companies below the top 70%, but within the top 90% of the Index Universe by full market capitalisation, capturing the performance of the mid-capitalised companies trading on the SGX Mainboard.
  • The five highest yielding stocks of the Index are Asian Pay Television Trust, Keppel Infrastructure Trust, OUE Hospitality Trust, CDL Hospitality Trusts and China Merchants Holdings (Pacific). Together, these five stocks currently maintain a 12-month dividend yield of 9.0%.
  • Of the five above-mentioned stocks, three distribute dividends on a quarterly basis, and two on a semi-annual basis.
The FTSE ST Mid Cap Index comprises the companies below the top 70%, but within the top 90% of the Index Universe by full market capitalisation. The index is a free float adjusted market-capitalisation weighted index representing the performance of the mid-capitalised companies trading on the SGX Mainboard, which pass the size, free float, and liquidity screens. As of 30 Nov 2015, there were 49 constituents in the Index.

The FTSE ST Mid Cap Index has a combined market capitalisation of S$105.6 billion, and generated year-to-date and three-year total returns of negative 6.4% and 0.9% respectively. The index currently maintains a dividend yield of 4.8%, 107 bps higher compared to the MSCI Asia ex Japan Mid Cap Index at 3.1%.

The five highest-yielding stocks of the FTSE ST Mid Cap Index are Asian Pay Television Trust, Keppel Infrastructure Trust, OUE Hospitality Trust, CDL Hospitality Trusts and China Merchants Holdings (Pacific). These five stocks represent 7.2% of the Index, and maintained a 12-month dividend yield of 9.0% as of yesterday’s close.

The table below details the five highest-yielding stocks of the FTSE ST Mid Cap Index. Click on each stock to visit its profile page on SGX StockFacts.

Asian Pay Television Trust
Asian Pay Television Trust owns, operates, and maintains pay-TV and broadband businesses in Taiwan, Hong Kong, Japan, and Singapore. The company provides basic cable TV, and premium digital cable TV services; and value-added services, such as broadband Internet access and cable telephony services, as well as premium digital television programming to households and businesses. It serves approximately 1.1 million homes.

Keppel Infrastructure Trust
Keppel Infrastructure Trust is a listed business trust, and invests in a diversified portfolio of core infrastructure assets located in jurisdictions with well-developed legal frameworks that support infrastructure investment. The portfolio consists of nine infrastructure businesses located across Singapore and Australia.

OUE Hospitality Trust
OUE Hospitality Trust invests, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for hospitality and/or hospitality-related purposes, as well as real estate-related assets. Real estate used for hospitality purposes includes hotels, serviced residences, resorts and other lodging facilities, and may include commercial, entertainment, retail and leisure facilities. Properties used for hospitality-related purposes include retail and/or commercial assets. The asset portfolio consists of three hospitality properties located in Singapore.

CDL Hospitality Trusts
CDL Hospitality Trusts is stapled group comprising CDL Hospitality Real Estate Investment Trust and CDL Hospitality Business Trust, and invests in a portfolio of hospitality and/or hospitality-related income-producing real estate assets. It owns 15 hotels and 2 resorts across Singapore, Australia, New Zealand, The Maldives, Japan and the UK, which are valued at S$2.5 billion collectively.

China Merchants Holdings (Pacific)
China Merchants Holdings (Pacific) invests in, manages, and operates toll roads in the People’s Republic of China. The company operates through two segments, Toll Road Operations and Property Development. It currently operates eight toll roads totalling 567 kilometres, located in the Zhejiang province, Jiangxi Province, Guangxi Zhuang Autonomous Region and Guizhou province. The company also provides management and technical services in toll road and other infrastructure related businesses. In addition, it is involved in the development of land, and the construction and sale of residential housing.

Source: My Gateway

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