OCBC Investment Research
Date of Report: 14 July 2025
Top Singapore Dividend Stocks 2025: High-Yield Opportunities Above 6% for Savvy Investors
In the current market climate, dividend yields remain a crucial metric for investors seeking income and stability. This comprehensive analysis spotlights Singapore-listed stocks and REITs offering forecasted dividend yields greater than 6%, providing detailed insights and key figures to aid investment decisions.
Overview: Singapore Stocks with Dividend Yield Exceeding 6%
This analysis ranks leading Singapore-listed companies and REITs by both company name and dividend yield, offering an organized approach for investors targeting high-yield opportunities. All figures represent the Bloomberg consensus forecasts (F1: 1st forecast year, F2: 2nd forecast year), with additional insights into historical yields, price-earnings (P/E) ratios, equity betas, and market capitalizations.
Comprehensive Table: Singapore Stocks with Dividend Yield Above 6%
Code |
Company |
Price (11 Jul 25) |
Mkt Cap (US\$m) |
Beta (x) |
P/E Ratio (Hist) |
P/E Ratio (F1) |
Div Yield (Hist %) |
Div Yield (F1 %) |
Div Yield (F2 %) |
AAREIT SP |
AIMS AMP Capital Indus REIT |
SGD 1.330 |
855 |
0.7 |
7.7 |
7.2 |
0.7 |
7.7 |
7.2 |
APAC SP |
APAC Realty Ltd |
SGD 0.490 |
135 |
0.7 |
4.3 |
6.2 |
0.7 |
4.3 |
6.2 |
BAL SP |
Bumitama Agri Ltd |
SGD 0.770 |
1,050 |
0.5 |
8.6 |
7.4 |
0.5 |
8.6 |
7.4 |
CLAS SP |
CapitaLand Ascott Trust |
SGD 0.880 |
2,641 |
0.7 |
3.9 |
6.8 |
0.7 |
3.9 |
6.8 |
CLCT SP |
CapitaLand China Trust |
SGD 0.745 |
1,020 |
1.0 |
7.0 |
6.9 |
1.0 |
7.0 |
6.9 |
CLINT SP |
CapitaLand India Trust |
SGD 1.080 |
1,162 |
0.7 |
5.8 |
6.5 |
0.7 |
5.8 |
6.5 |
CDREIT SP |
CDL Hospitality Trusts |
SGD 0.805 |
801 |
0.9 |
6.9 |
6.4 |
0.9 |
6.9 |
6.4 |
CD SP |
ComfortDelGro |
SGD 1.420 |
2,404 |
0.6 |
5.5 |
6.1 |
0.6 |
5.5 |
6.1 |
DHLT SP |
Daiwa House Logistics Trust |
SGD 0.570 |
311 |
0.5 |
8.2 |
8.6 |
0.5 |
8.2 |
8.6 |
DBS SP |
DBS Group Holdings |
SGD 45.990 |
102,556 |
1.2 |
6.5 |
6.7 |
1.2 |
6.5 |
6.7 |
DCREIT SP |
Digital Core REIT Management |
USD 0.530 |
695 |
0.8 |
6.7 |
6.7 |
0.8 |
6.7 |
6.7 |
ELITE SP |
Elite UK REIT |
GBP 0.315 |
256 |
0.6 |
9.7 |
9.5 |
0.6 |
9.7 |
9.5 |
EREIT SP |
ESR-REIT |
SGD 2.420 |
1,529 |
0.9 |
8.1 |
8.6 |
0.9 |
8.1 |
8.6 |
FEHT SP |
Far East Hospitality Trust |
SGD 0.575 |
924 |
0.7 |
7.1 |
6.5 |
0.7 |
7.1 |
6.5 |
FIRT SP |
First REIT |
SGD 0.270 |
435 |
0.6 |
8.9 |
9.1 |
0.6 |
8.9 |
9.1 |
FR SP |
First Resources |
SGD 1.500 |
1,804 |
0.7 |
6.6 |
7.4 |
0.7 |
6.6 |
7.4 |
FLT SP |
Frasers Logistics & Commercial |
SGD 0.845 |
2,504 |
0.9 |
7.1 |
7.1 |
0.9 |
7.1 |
7.1 |
HRNET SP |
HRnetgroup Ltd |
SGD 0.675 |
516 |
0.5 |
5.9 |
6.1 |
0.5 |
5.9 |
6.1 |
HPHT SP |
Hutchison Port Holdings Trust |
USD 0.174 |
1,516 |
0.7 |
10.6 |
8.6 |
0.7 |
10.6 |
8.6 |
KREIT SP |
K-REIT Asia |
SGD 0.890 |
2,714 |
0.7 |
6.3 |
6.1 |
0.7 |
6.3 |
6.1 |
LREIT SP |
Lendlease Global Commercial RE |
SGD 0.525 |
1,004 |
0.8 |
6.8 |
6.9 |
0.8 |
6.8 |
6.9 |
MINT SP |
Mapletree Industrial Trust |
SGD 2.000 |
4,434 |
0.7 |
6.8 |
6.6 |
0.7 |
6.8 |
6.6 |
MLT SP |
Mapletree Logistics Trust |
SGD 1.160 |
4,600 |
1.1 |
6.8 |
6.5 |
1.1 |
6.8 |
6.5 |
MPACT SP |
Mapletree Pan Asia Commercial |
SGD 1.240 |
5,148 |
1.0 |
6.3 |
6.4 |
1.0 |
6.3 |
6.4 |
NETLINK SP |
NETLINK NBN TRUST |
SGD 0.890 |
2,710 |
0.4 |
6.0 |
6.1 |
0.4 |
6.0 |
6.1 |
OUEREIT SP |
OUE Real Estate Investment Trust |
SGD 0.300 |
1,269 |
0.7 |
7.6 |
6.8 |
0.7 |
7.6 |
6.8 |
RSTON SP |
Riverstone Holdings |
SGD 0.665 |
776 |
0.5 |
5.4 |
7.5 |
0.5 |
5.4 |
7.5 |
SASSR SP |
Sasseur Real Estate Investment |
SGD 0.650 |
638 |
0.8 |
9.0 |
9.2 |
0.8 |
9.0 |
9.2 |
SGREIT SP |
Starhill Global REIT |
SGD 0.520 |
933 |
0.7 |
6.9 |
7.3 |
0.7 |
6.9 |
7.3 |
SERT SP |
Stoneweg Europe Stapled Trust |
EUR 1.540 |
1,004 |
0.6 |
9.1 |
8.6 |
0.6 |
9.1 |
8.6 |
UHU SP |
United Hampshire US REIT |
USD 0.455 |
269 |
0.7 |
8.9 |
9.7 |
0.7 |
8.9 |
9.7 |
VMS SP |
Venture Corp |
SGD 11.940 |
2,691 |
0.9 |
6.3 |
6.1 |
0.9 |
6.3 |
6.1 |
Spotlight: Highest Yielding Singapore Stocks and REITs
The following stocks and REITs currently offer the highest forecast dividend yields, making them particularly attractive for income-focused investors:
- United Hampshire US REIT (UHU SP): Projected yield of 9.7% for F1 and 8.9% for historical, with a low beta of 0.7, indicating relatively low volatility. Market capitalization stands at USD 269 million.
- Elite UK REIT (ELITE SP): Offering a robust yield of 9.5% (F1) and a historical 9.7%. With a beta of 0.6, this REIT is also less volatile, and has a market capitalization of GBP 256 million.
- Sasseur REIT (SASSR SP): Yielding 9.2% (F2) and 9.0% (F1), supported by a healthy market cap of SGD 638 million and a beta of 0.8.
- First REIT (FIRT SP): High yields of 9.1% (F2) and 8.9% (F1), with a market cap of SGD 435 million and a low beta of 0.6.
- Stoneweg Europe Stapled Trust (SERT SP): Providing 8.6% (F1) and 9.1% (historical) yields, with a EUR 1,004 million market cap and a beta of 0.6.
- Hutchison Port Holdings Trust (HPHT SP): Notably high historical yield of 10.6%, with a forward yield of 8.6% (F1) and a market cap of USD 1,516 million.
Singapore STI High-Yield Stocks: Key Details and Comparative Analysis
Several Straits Times Index (STI) constituents stand out for their strong dividend yields, providing both stability and income:
- Frasers Logistics & Commercial Trust (FLT SP): 7.1% forecast yield, beta 0.9, market cap SGD 2,504 million.
- DBS Group Holdings (DBS SP): 6.7% forecast yield, beta 1.2, market cap SGD 102,556 million, one of the largest and most stable listed companies in Singapore.
- Mapletree Industrial Trust (MINT SP): 6.6% forecast yield, beta 0.7, market cap SGD 4,434 million.
- Mapletree Logistics Trust (MLT SP): 6.5% forecast yield, beta 1.1, market cap SGD 4,600 million.
- Mapletree Pan Asia Commercial Trust (MPACT SP): 6.4% forecast yield, beta 1.0, market cap SGD 5,148 million.
- Venture Corp (VMS SP): 6.1% forecast yield, beta 0.9, market cap SGD 2,691 million.
- United Overseas Bank (UOB SP): 5.9% forecast yield, beta 1.1, market cap SGD 47,988 million.
- OCBC (OCBC SP): 5.7% forecast yield, beta 1.1, market cap SGD 59,579 million.
Other Noteworthy High-Yield Equities
- Bumitama Agri (BAL SP): Yielding 7.4% (F2), beta 0.5, market cap SGD 1,050 million.
- First Resources (FR SP): Offering 7.4% (F2), beta 0.7, market cap SGD 1,804 million.
- Riverstone Holdings (RSTON SP): Expected yield of 7.5% (F2), beta 0.5, market cap SGD 776 million.
- Starhill Global REIT (SGREIT SP): 7.3% (F2), beta 0.7, market cap SGD 933 million.
- K-REIT Asia (KREIT SP): 6.1% (F1), beta 0.7, market cap SGD 2,714 million.
- Lendlease Global Commercial REIT (LREIT SP): 6.9% (F2), beta 0.8, market cap SGD 1,004 million.
Singapore REITs: A Comparative Dividend Yield Analysis
Singapore’s REIT sector remains a magnet for dividend-seeking investors. The following table ranks REITs by forecast yield, market cap, and key risk/valuation indicators:
Code |
Company |
Price (11 Jul 25) |
Market Cap (US\$m) |
P/Bk Ratio (F1) |
Beta (x) |
Div Yield (F1 %) |
Div Yield (F2 %) |
UHU SP |
United Hampshire US REIT |
USD 0.455 |
269 |
– |
0.7 |
9.7 |
8.9 |
ELITE SP |
Elite UK REIT |
GBP 0.315 |
256 |
0.77 |
0.6 |
9.5 |
9.7 |
SASSR SP |
Sasseur Real Estate Investment |
SGD 0.650 |
638 |
0.78 |
0.8 |
9.2 |
9.0 |
FIRT SP |
First REIT |
SGD 0.270 |
435 |
– |
0.6 |
9.1 |
8.9 |
SERT SP |
Stoneweg Europe Stapled Trust |
EUR 1.540 |
1,004 |
0.73 |
0.6 |
8.6 |
9.1 |
EREIT SP |
ESR-REIT |
SGD 2.420 |
1,529 |
0.89 |
0.9 |
8.6 |
8.1 |
DHLT SP |
Daiwa House Logistics Trust |
SGD 0.570 |
311 |
0.84 |
0.5 |
8.6 |
8.2 |
SGREIT SP |
Starhill Global REIT |
SGD 0.520 |
933 |
0.71 |
0.7 |
7.3 |
6.9 |
AAREIT SP |
AIMS AMP Capital Indus REIT |
SGD 1.330 |
855 |
1.09 |
0.7 |
7.2 |
7.7 |
Key Financial Definitions
- Dividend Yield: Annual return from holding a stock, calculated by dividing annual dividends per share by the current share price.
- Equity Beta: A measure of volatility versus the market; stocks with beta above 1.0 are more volatile and riskier.
- Market Capitalization: Total current market value of a company’s outstanding shares.
- Price/Earnings Ratio (P/E): Valuation metric, calculated as share price divided by earnings per share (EPS).
Disclaimer
This research report is for informational purposes and general circulation only. It should not be construed as investment advice or a solicitation to buy or sell any securities. Please consult a financial adviser regarding the suitability of any investment product in light of your specific objectives and situation. The data provided is based on sources believed reliable but is not guaranteed for accuracy or completeness. Past performance is not indicative of future results.