OCBC Investment Research
15 September 2025

Singapore Dividend Yield Powerhouses: The Ultimate 2025 Guide to High-Yield Stocks and REITs

Singapore’s equity markets continue to shine as a global destination for income-driven investors, boasting an impressive lineup of high-dividend stocks and Real Estate Investment Trusts (REITs). In this detailed report, we break down the latest rankings, yields, and financial metrics of Singapore’s top dividend payers, with a particular focus on those with forward yields exceeding 6%. Whether you’re a yield-seeker, REIT enthusiast, or looking for blue-chip consistency in the STI, this comprehensive guide delivers the data and insights you need.

Overview: Singapore’s High-Yield Dividend Landscape

Dividend investing remains a crucial strategy for investors aiming for stable returns and capital preservation. Singapore’s market, renowned for its robust REIT sector and established blue-chip names, continues to offer attractive yields in 2025. This report features companies and REITs with forward (F1) dividend yields greater than 6%, providing a comprehensive snapshot sorted by company name and by yield ranking across the broader Singapore market and STI constituents.

Key Financial Definitions

• Dividend Yield: Annual dividends per share divided by the price per share, expressed as a percentage.
• Equity Beta: A measure of volatility relative to the Straits Times Index. Beta above 1 is more volatile, below 1 is less.
• Market Capitalisation: Total market value of a company’s outstanding shares.
• Price/Earnings Ratio (P/E): Share price divided by earnings per share or forecast earnings per share.

Singapore Stocks with Dividend Yields Above 6% (Ranked by Company Name)

Singapore’s Highest Yielding Stocks: Rankings by Forward Yield

For income-focused investors, companies with the highest projected forward dividend yields are a primary focus. Below is a snapshot of the leaders in this category, including some REITs and business trusts with standout yields:

Spotlight: Singapore REITs – The Foundation of Yield Investing

Singapore’s REIT sector remains a cornerstone for yield hunters, with several names consistently delivering yields above 6%. Here’s an in-depth look at the major REITs, their yields, and valuation metrics:

Singapore STI Stocks: Yield Rankings and Analysis

The blue-chip Straits Times Index (STI) is home to some of the region’s most reliable dividend payers. Here’s a breakdown of forward yields and key financials for these market leaders:

Company-by-Company Highlights and Observations

CapitaLand Ascott Trust (CLAS SP)

• Forward yield at 6.7%, with a stable price and market cap of US\$2.7 billion.
• Low beta of 0.7 signals relatively lower volatility.

CapitaLand China Trust (CLCT SP)

• Forward yield of 6.4% and a market cap above US\$1 billion.
• P/E remains stable with a moderate risk beta of 1.0.

Capitaland India Trust (CLINT SP)

• Delivers a 6.5% forward yield, market cap at US\$1.2 billion.
• Beta at 0.8, indicating below-market volatility.

Dairy Farm International Holdings (DFI SP)

• Headline forward yield at an exceptional 16.9%.
• Market cap of US\$4.5 billion; beta at 0.9.

Keppel Infrastructure Trust (KIT SP)

• Forward yield of 8.8% and a market cap of over US\$2.1 billion.
• Beta at 0.7, supporting its appeal to conservative income investors.

Elite UK REIT (ELITE SP)

• Forward yield of 8.6% at a market cap of US\$286 million.
• Beta at 0.6, reflecting lower volatility.

Sasseur Real Estate Investment Trust (SASSR SP)

• Impressive forward yield of 8.8%, market cap at US\$675 million.
• Low beta at 0.8.

ESR-REIT (EREIT SP)

• Forward yield of 7.3%, market cap of US\$1.8 billion.
• Beta at 0.9.

Mapletree Industrial Trust (MINT SP)

• Forward yield of 6.0%, market cap at US\$4.8 billion.
• Beta at 0.7, a stable and defensive play among REITs.

Other Notable High-Yield Names

• Daiwa House Logistics Trust (DHLT SP): 8.0% forward yield, market cap US\$322 million.
• First REIT (FIRT SP): 8.2% forward yield, market cap US\$460 million.
• Stoneweg Europe Stapled Trust (SERT SP): 8.3% forward yield, market cap US\$1 billion.
• Starhill Global REIT (SGREIT SP): 6.6% forward yield, market cap US\$1.03 billion.

Sector and Index Observations

• REITs remain dominant among Singapore’s top-yielding instruments, with numerous names offering yields above 7%.
• Blue-chip STI stocks such as DBS Group, UOB, OCBC, and Mapletree Logistics Trust continue to deliver attractive yields (many above 5%), providing both yield and stability.
• Several trusts and property-focused entities, such as Frasers Logistics & Commercial (FLT SP) and Lendlease Global Commercial REIT (LREIT SP), feature prominently in both yield and P/E ranking tables.

Conclusion: Singapore – A Haven for Yield Investors in 2025

Singapore’s equity and REIT market landscape in 2025 cements its reputation as a yield-friendly environment, with a broad array of companies and investment trusts delivering robust income potential. Whether you are seeking the reliability of large-cap blue chips, the diversification of REITs, or the aggressive payouts of sector specialists, the current lineup offers multiple options to construct a resilient, income-generating portfolio.

As market conditions evolve, the prudent income investor should continue to monitor not only headline yields but also underlying financials, volatility (beta), and sector exposure to optimize returns and manage risk.

Report published by OCBC Investment Research, 15 September 2025.