OCBC Investment Research
22 September 2025
Top Singapore Dividend Stocks 2025: High-Yield Opportunities Across REITs, Blue Chips, and More
Introduction: Your Guide to Singapore’s Best Dividend Yield Stocks in 2025
Singapore’s stock market continues to offer compelling dividend opportunities for income investors. With yields surpassing 6% in several sectors—especially among Real Estate Investment Trusts (REITs), infrastructure, and blue-chip equities—savvy investors have a wealth of choices for building a resilient, high-yield portfolio. This detailed review, prepared by OCBC Investment Research, highlights key stocks and REITs with sector-leading dividend yields, sorted by company name and dividend yield, and provides full transparency on the underlying metrics that matter for investors.
Understanding Financial Metrics: Dividend Yield, Beta, Market Cap, and P/E Ratio
Before diving into the stock review, it’s important to understand the key metrics used:
- Dividend Yield: Annual return from dividends as a percentage of the current share price.
- Equity Beta: Measures a stock’s volatility relative to the market. A beta above 1 indicates more volatility; below 1 indicates less.
- Market Capitalisation: The total market value of a company’s outstanding shares.
- Price/Earnings (P/E) Ratio: Valuation metric based on share price divided by earnings per share.
Singapore Stocks with Dividend Yields Greater Than 6% (Sorted by Company Name)
| Company (Code) |
Currency |
Price (19 Sep 25) |
Market Cap (US\$m) |
P/E Ratio (x) |
Equity Beta |
Dividend Yield (F1 %) |
Dividend Yield (F2 %) |
| CapitaLand Ascott Trust (CLAS SP) |
SGD |
0.925 |
2,753 |
16 |
0.7 |
6.6 |
– |
| CapitaLand China Trust (CLCT SP) |
SGD |
0.780 |
1,056 |
18 |
1.0 |
6.5 |
– |
| Capitaland India Trust (CLINT SP) |
SGD |
1.150 |
1,211 |
16 |
0.8 |
6.5 |
– |
| Dairy Farm Int’l Hldgs (DFI SP) |
USD |
3.170 |
4,291 |
– |
1.0 |
17.5 |
– |
| Daiwa House Logistics Trust (DHLT SP) |
SGD |
0.580 |
316 |
15 |
0.5 |
7.8 |
– |
| Digital Core REIT Management (DCREIT SP) |
USD |
0.505 |
659 |
– |
0.9 |
7.1 |
– |
| Elite UK REIT (ELITE SP) |
GBP |
0.350 |
284 |
12 |
0.6 |
8.6 |
– |
| ESR-REIT (EREIT SP) |
SGD |
2.820 |
1,763 |
32 |
0.9 |
7.6 |
– |
| Far East Hospitality Trust (FEHT SP) |
SGD |
0.615 |
981 |
20 |
0.8 |
6.0 |
– |
| First REIT (FIRT SP) |
SGD |
0.285 |
467 |
– |
0.6 |
8.1 |
– |
| First Resources (FR SP) |
SGD |
1.640 |
1,977 |
– |
0.8 |
6.9 |
– |
| Frasers Logistics & Commercial (FLT SP) |
SGD |
0.945 |
2,778 |
23 |
0.9 |
6.3 |
– |
| Hutchison Port Holdings Trust (HPHT SP) |
USD |
0.200 |
1,742 |
– |
0.8 |
7.7 |
– |
| Keppel Infrastructure Trust (KIT SP) |
SGD |
0.455 |
2,154 |
25 |
0.7 |
8.8 |
– |
| Mapletree Industrial Trust (MINT SP) |
SGD |
2.130 |
4,727 |
17 |
0.7 |
6.1 |
– |
| Riverstone Holdings (RSTON SP) |
SGD |
0.770 |
888 |
15 |
0.5 |
6.1 |
– |
| Sasseur Real Estate Investment (SASSR SP) |
SGD |
0.695 |
681 |
12 |
0.8 |
8.8 |
– |
| Starhill Global REIT (SGREIT SP) |
SGD |
0.555 |
993 |
13 |
0.7 |
6.8 |
– |
| Stoneweg Europe Stapled Trust (SERT SP) |
EUR |
1.550 |
1,020 |
12 |
0.5 |
8.4 |
– |
Top Singapore Stocks by Dividend Yield (Ranked)
| Company (Code) |
Dividend Yield (F1 %) |
Market Cap (US\$m) |
P/E Ratio (x) |
Equity Beta |
| Dairy Farm Int’l Hldgs (DFI SP) |
17.5 |
4,291 |
– |
1.0 |
| Keppel Infrastructure Trust (KIT SP) |
8.8 |
2,154 |
25 |
0.7 |
| Sasseur Real Estate Investment (SASSR SP) |
8.8 |
681 |
12 |
0.8 |
| Elite UK REIT (ELITE SP) |
8.6 |
284 |
12 |
0.6 |
| Stoneweg Europe Stapled Trust (SERT SP) |
8.4 |
1,020 |
12 |
0.5 |
| First REIT (FIRT SP) |
8.1 |
467 |
– |
0.6 |
| Daiwa House Logistics Trust (DHLT SP) |
7.8 |
316 |
15 |
0.5 |
| Hutchison Port Hldgs Trust (HPHT SP) |
7.7 |
1,742 |
– |
0.8 |
| ESR-REIT (EREIT SP) |
7.6 |
1,763 |
32 |
0.9 |
| Digital Core REIT Management (DCREIT SP) |
7.1 |
659 |
– |
0.9 |
| First Resources (FR SP) |
6.9 |
1,977 |
– |
0.8 |
| Starhill Global REIT (SGREIT SP) |
6.8 |
993 |
13 |
0.7 |
| CapitaLand Ascott Trust (CLAS SP) |
6.6 |
2,753 |
16 |
0.7 |
| Capitaland India Trust (CLINT SP) |
6.5 |
1,211 |
16 |
0.8 |
| CapitaLand China Trust (CLCT SP) |
6.5 |
1,056 |
18 |
1.0 |
Singapore REITs: High-Yield Leaders
Singapore REITs continue to dominate the high-yield segment, offering yields that are highly attractive relative to both the market and regional peers. Below is a summary of the leading REITs by forecast dividend yield, highlighting those above 6%:
| REIT (Code) |
Price (19 Sep 25) |
Market Cap (US\$m) |
Dividend Yield (F1 %) |
Dividend Yield (F2 %) |
| United Hampshire US REIT (UHU SP) |
0.500 |
295 |
9.0 |
– |
| Sasseur Real Estate Investment (SASSR SP) |
0.695 |
681 |
8.8 |
8.8 |
| Elite UK REIT (ELITE SP) |
0.350 |
284 |
8.6 |
– |
| Stoneweg Europe Stapled Trust (SERT SP) |
1.550 |
1,020 |
8.4 |
– |
| First REIT (FIRT SP) |
0.285 |
467 |
8.1 |
– |
| Daiwa House Logistics Trust (DHLT SP) |
0.580 |
316 |
7.8 |
– |
| ESR-REIT (EREIT SP) |
2.820 |
1,763 |
7.6 |
– |
| Digital Core REIT Management (DCREIT SP) |
0.505 |
659 |
7.1 |
– |
| AIMS AMP Capital Indus REIT (AAREIT SP) |
1.380 |
877 |
7.0 |
– |
| Starhill Global REIT (SGREIT SP) |
0.555 |
993 |
6.8 |
– |
| CapitaLand Ascott Trust (CLAS SP) |
0.925 |
2,752 |
6.6 |
– |
| Capitaland India Trust (CLINT SP) |
1.150 |
1,211 |
6.5 |
– |
| CapitaLand China Trust (CLCT SP) |
0.780 |
1,056 |
6.5 |
– |
Spotlight on STI Blue-Chip Dividend Stocks
Singapore’s blue-chip index, the Straits Times Index (STI), is home to many stalwarts with robust dividend yields. Here are some of the headline names and their forecast yields:
| Company (Code) |
Price (19 Sep 25) |
Market Cap (US\$m) |
Dividend Yield (F1 %) |
Dividend Yield (F2 %) |
| DBS Group Holdings (DBS SP) |
50.470 |
111,407 |
6.0 |
– |
| United Overseas Bank (UOB SP) |
34.630 |
44,659 |
5.9 |
– |
| OCBC (OCBC SP) |
16.460 |
57,542 |
5.9 |
– |
| Mapletree Logistics Trust (MLT SP) |
1.240 |
4,914 |
5.8 |
– |
| Venture Corp (VMS SP) |
13.900 |
3,111 |
5.8 |
– |
| Mapletree Pan Asia Commercial (MPACT SP) |
1.410 |
5,786 |
5.7 |
– |
Additional Notable High-Yield Stocks
- Frasers Logistics & Commercial Trust (FLT SP): 6.3% yield, strong logistics and industrial portfolio.
- Thai Beverage (THBEV SP): 5.6% yield, consumer staple with regional exposure.
- Genting Singapore (GENS SP): 5.4% yield, tourism and gaming, resilient post-pandemic recovery.
- Wilmar International (WIL SP): 4.9% yield, agribusiness leader in Asia.
- Keppel DC REIT (KDCREIT SP): 4.3% yield, data centre specialist.
Key Definitions for Investors
- Dividend Yield: Annual dividends per share divided by the share price, shown as a percentage. Indicates annual cash return on investment.
- Equity Beta: Volatility measure against the market index (Straits Times Index = 1.00). Higher beta means more volatility and risk.
- Market Capitalisation: Total market value of a company’s outstanding shares. Key indicator of company size.
- P/E Ratio: Share price divided by earnings per share. Forecast P/E uses consensus estimates for future earnings.
Conclusion: Building a High-Yield Singapore Portfolio in 2025
Singapore’s equity market remains rich with income-generating opportunities. Whether targeting REITs, infrastructure plays, or blue-chip financials, investors have a deep pool of stocks with forecast dividend yields far above the market average. The comprehensive data provided above allows for efficient sector or company selection, offering transparency on yields, risk (beta), and valuation (P/E).
For investors seeking steady and attractive cash returns, these stocks and REITs represent the cream of the crop in Singapore’s dividend universe for 2025.
Published by OCBC Investment Research, 22 September 2025
