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Top Singapore Dividend Stocks 2025: Highest Yield REITs & STI Picks Over 6% 2

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.

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