Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

Asia’s leading multi-asset exchange

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

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<ul>
<li>
Singapore lists over 100 stocks with market cap above S$1 billion, out of which 36 have dividend yields of 4.5% and above, compared with the STI’s current yield of 4.0%. Among these 36 stocks, 28 are categorised as REITs, stapled and/or business trusts, while eight are companies. 
	 </li>
	<li>
The five highest-yielding REITs and business trusts are: Hutchison Port Trust (9.1%), Netlink Trust (8.1%), Keppel Infrastructure Trust (8.0%), Cromwell REIT (7.8%), and Mapletree North Asia Trust (7.1%). These five trusts average a yield of 8.0%. 
	 </li>
	<li>
The five highest-yielding companies are: StarHub (10.5%), Singtel (5.7%), Hong Leong Finance (5.4%), Frasers Property (4.8%), and SIA Engineering (4.8%). The five average a yield of 6.2%. 
	 </li>
	<li>In the YTD, the five best-performing billionaire stocks were: Hi-P (+89.8%), SBS Transit (+47.4%), Thai Beverage (+38.0%), Venture Corp (+35.1%), and Silverlake Axis (+34.7%). These five plays have averaged a total return of 49.0% in the YTD.</li>
</ul>
Singapore Exchange lists over 100 stocks with a market capitalisation above S$1 billion. These stocks provide a wide range of investment choices, spanning both local and international businesses that operate across different sectors and industries.

Best-Yielding Billionaire Stocks

Of these, 36 stocks have dividend yields of 4.5% and above, which compares with the benchmark Straits Times Index’s (STI) current yield of about 4.0%. Among these 36 high-yielding stocks, 28 are categorised as Real Estate Investment Trusts (REITs), stapled and/or business trusts, while eight are companies. This includes six STI constituents.

The five highest-yielding REITs and business trusts are: Hutchison Port Holdings Trust (9.1%), Netlink NBN Trust (8.1%), Keppel Infrastructure Trust (8.0%), Cromwell European REIT (7.8%), and Mapletree North Asia Commercial Trust (7.1%). These five trusts have averaged a yield of 8.0%.

The table below details the 10 highest-yielding REITs and business trusts on SGX, sorted by dividend yield.

<table class="table table-striped"><tbody>
<tr>
<td>
			Name
			</td>
			<td>
			SGX Code
			</td>
			<td>
			Market Cap (S$M)
			</td>
			<td>
			Div Yld (%)
			</td>
			<td>
			P/B (x)
			</td>
		</tr>
<tr>
<td>
			HUTCHISON PORT HOLDINGS TRUST*
			</td>
			<td>
			NS8U
			</td>
			<td>
			2,833
			</td>
			<td>
			9.1
			</td>
			<td>
			0.6
			</td>
		</tr>
<tr>
<td>
			NETLINK NBN TRUST
			</td>
			<td>
			CJLU
			</td>
			<td>
			3,255
			</td>
			<td>
			8.1
			</td>
			<td>
			1.1
			</td>
		</tr>
<tr>
<td>
			KEPPEL INFRASTRUCTURE TRUST
			</td>
			<td>
			A7RU
			</td>
			<td>
			2,111
			</td>
			<td>
			8.0
			</td>
			<td>
			1.7
			</td>
		</tr>
<tr>
<td>
			CROMWELL EUROPEAN REIT*
			</td>
			<td>
			CNNU
			</td>
			<td>
			1,651
			</td>
			<td>
			7.8
			</td>
			<td>
			0.9
			</td>
		</tr>
<tr>
<td>
			MAPLETREE NORTH ASIA COMMERCIAL TRUST
			</td>
			<td>
			RW0U
			</td>
			<td>
			4,221
			</td>
			<td>
			7.1
			</td>
			<td>
			1.0
			</td>
		</tr>
<tr>
<td>
			ESR-REIT
			</td>
			<td>
			J91U
			</td>
			<td>
			1,730
			</td>
			<td>
			7.1
			</td>
			<td>
			1.1
			</td>
		</tr>
<tr>
<td>
			OUE HOSPITALITY TRUST
			</td>
			<td>
			SK7
			</td>
			<td>
			1,345
			</td>
			<td>
			6.8
			</td>
			<td>
			1.0
			</td>
		</tr>
<tr>
<td>
			OUE COMMERCIAL REIT
			</td>
			<td>
			TS0U
			</td>
			<td>
			1,487
			</td>
			<td>
			6.7
			</td>
			<td>
			0.7
			</td>
		</tr>
<tr>
<td>
			CAPITALAND RETAIL CHINA TRUST
			</td>
			<td>
			AU8U
			</td>
			<td>
			1,538
			</td>
			<td>
			6.6
			</td>
			<td>
			1.0
			</td>
		</tr>
<tr>
<td>
			FRASERS COMMERCIAL TRUST
			</td>
			<td>
			ND8U
			</td>
			<td>
			1,325
			</td>
			<td>
			6.5
			</td>
			<td>
			0.9
			</td>
		</tr>
<tr>
<td>
			Average
			</td>
			<td>
			 
			</td>
			<td>
			 
			</td>
			<td>
			7.4
			</td>
			<td>
			1.0
			</td>
		</tr>
</tbody></table>
Source: Bloomberg &amp; StockFacts (data as of 5 April 2019) 
*Note: Hutchison Port and Cromwell REIT are traded in USD and EUR respectively, with SGD equivalents shown in table

The five highest-yielding companies are: StarHub Ltd (10.5%), Singapore Telecoms (5.7%), Hong Leong Finance (5.4%), Frasers Property (4.8%), and SIA Engineering Co (4.8%). The five have averaged a yield of 6.2%, and are categorised to the telecommunications, financial services, real estate development and transport services sectors.

The table below details the 10 highest-yielding companies on SGX, sorted by market capitalisation.

<table class="table table-striped"><tbody>
<tr>
<td>
			Name
			</td>
			<td>
			SGX Code
			</td>
			<td>
			Market Cap (S$M)
			</td>
			<td>
			Div Yld (%)
			</td>
			<td>
			P/E (x)
			</td>
		</tr>
<tr>
<td>
			STARHUB LTD
			</td>
			<td>
			CC3
			</td>
			<td>
			2,630
			</td>
			<td>
			10.5
			</td>
			<td>
			13.3
			</td>
		</tr>
<tr>
<td>
			SINGAPORE TELECOMMUNICATIONS
			</td>
			<td>
			Z74
			</td>
			<td>
			50,456
			</td>
			<td>
			5.7
			</td>
			<td>
			16.5
			</td>
		</tr>
<tr>
<td>
			HONG LEONG FINANCE
			</td>
			<td>
			S41
			</td>
			<td>
			1,232
			</td>
			<td>
			5.4
			</td>
			<td>
			10.6
			</td>
		</tr>
<tr>
<td>
			FRASERS PROPERTY
			</td>
			<td>
			TQ5
			</td>
			<td>
			5,286
			</td>
			<td>
			4.8
			</td>
			<td>
			7.1
			</td>
		</tr>
<tr>
<td>
			SIA ENGINEERING CO
			</td>
			<td>
			S59
			</td>
			<td>
			2,820
			</td>
			<td>
			4.8
			</td>
			<td>
			17.5
			</td>
		</tr>
<tr>
<td>
			SINGAPORE EXCHANGE
			</td>
			<td>
			S68
			</td>
			<td>
			7,960
			</td>
			<td>
			4.7
			</td>
			<td>
			21.5
			</td>
		</tr>
<tr>
<td>
			YANLORD LAND GROUP
			</td>
			<td>
			Z25
			</td>
			<td>
			2,743
			</td>
			<td>
			4.7
			</td>
			<td>
			3.6
			</td>
		</tr>
<tr>
<td>
			DBS GROUP HOLDINGS
			</td>
			<td>
			D05
			</td>
			<td>
			69,022
			</td>
			<td>
			4.5
			</td>
			<td>
			12.3
			</td>
		</tr>
<tr>
<td>
			COMFORTDELGRO CORP
			</td>
			<td>
			C52
			</td>
			<td>
			5,500
			</td>
			<td>
			4.1
			</td>
			<td>
			17.8
			</td>
		</tr>
<tr>
<td>
			OXLEY HOLDINGS LTD
			</td>
			<td>
			5UX
			</td>
			<td>
			1,298
			</td>
			<td>
			3.9
			</td>
			<td>
			5.6
			</td>
		</tr>
<tr>
<td>
			Average
			</td>
			<td>
			 
			</td>
			<td>
			 
			</td>
			<td>
			5.3
			</td>
			<td>
			12.6
			</td>
		</tr>
</tbody></table>
Source: Bloomberg &amp; StockFacts (data as of 5 April 2019)

Billionaire Best-Performers in YTD

In the 2019 year-to-date, the five best-performing billionaire stocks were: Hi-P International (+89.8%), SBS Transit (+47.4%), Thai Beverage PCL (+38.0%), Venture Corp (+35.1%), and Silverlake Axis (+34.7%). These five companies averaged a total return of 49.0% in the YTD, bringing their one-year, three-year and five-year total returns to +6.4%, +139.9% and +171.7% respectively. They are categorised to the information technology, transport services and consumer staples sectors.

The table below details the 10 best-performing billionaire stocks in the YTD, sorted by YTD total returns.

<table class="table table-striped"><tbody>
<tr>
<td>
			Name
			</td>
			<td>
			SGX Code
			</td>
			<td>
			Market Cap (S$M)
			</td>
			<td>
			Total Return YTD (%)
			</td>
			<td>
			Total Return 1Y (%)
			</td>
			<td>
			Total Return 3Y (%)
			</td>
			<td>
			Total Return 5Y (%)
			</td>
		</tr>
<tr>
<td>
			HI-P INTL
			</td>
			<td>
			H17
			</td>
			<td>
			1,345
			</td>
			<td>
			89.8
			</td>
			<td>
			-14.3
			</td>
			<td>
			409.9
			</td>
			<td>
			295.8
			</td>
		</tr>
<tr>
<td>
			SBS TRANSIT
			</td>
			<td>
			S61
			</td>
			<td>
			1,241
			</td>
			<td>
			47.4
			</td>
			<td>
			59.5
			</td>
			<td>
			93.4
			</td>
			<td>
			271.9
			</td>
		</tr>
<tr>
<td>
			THAI BEVERAGE PCL
			</td>
			<td>
			Y92
			</td>
			<td>
			20,844
			</td>
			<td>
			38.0
			</td>
			<td>
			6.1
			</td>
			<td>
			27.0
			</td>
			<td>
			66.0
			</td>
		</tr>
<tr>
<td>
			VENTURE CORP
			</td>
			<td>
			V03
			</td>
			<td>
			5,429
			</td>
			<td>
			35.1
			</td>
			<td>
			-29.2
			</td>
			<td>
			159.7
			</td>
			<td>
			225.8
			</td>
		</tr>
<tr>
<td>
			SILVERLAKE AXIS
			</td>
			<td>
			5CP
			</td>
			<td>
			1,468
			</td>
			<td>
			34.7
			</td>
			<td>
			9.9
			</td>
			<td>
			9.5
			</td>
			<td>
			-1.2
			</td>
		</tr>
<tr>
<td>
			CHINA AVIATION OIL
			</td>
			<td>
			G92
			</td>
			<td>
			1,213
			</td>
			<td>
			33.0
			</td>
			<td>
			-7.1
			</td>
			<td>
			95.2
			</td>
			<td>
			83.6
			</td>
		</tr>
<tr>
<td>
			GOLDEN AGRI-RESOURCES
			</td>
			<td>
			E5H
			</td>
			<td>
			4,075
			</td>
			<td>
			30.6
			</td>
			<td>
			-6.9
			</td>
			<td>
			-20.7
			</td>
			<td>
			-41.7
			</td>
		</tr>
<tr>
<td>
			YANGZIJIANG SHIPBUILDING
			</td>
			<td>
			BS6
			</td>
			<td>
			6,353
			</td>
			<td>
			28.8
			</td>
			<td>
			45.9
			</td>
			<td>
			92.4
			</td>
			<td>
			73.2
			</td>
		</tr>
<tr>
<td>
			OUE LTD
			</td>
			<td>
			LJ3
			</td>
			<td>
			1,596
			</td>
			<td>
			23.8
			</td>
			<td>
			0.1
			</td>
			<td>
			12.6
			</td>
			<td>
			-12.9
			</td>
		</tr>
<tr>
<td>
			CITIC ENVIROTECH
			</td>
			<td>
			CEE
			</td>
			<td>
			1,126
			</td>
			<td>
			22.4
			</td>
			<td>
			-33.0
			</td>
			<td>
			-32.4
			</td>
			<td>
			-32.3
			</td>
		</tr>
<tr>
<td>
			Average
			</td>
			<td>
			 
			</td>
			<td>
			 
			</td>
			<td>
			38.4
			</td>
			<td>
			3.1
			</td>
			<td>
			84.7
			</td>
			<td>
			92.8
			</td>
		</tr>
</tbody></table>
Source: Bloomberg &amp; StockFacts (data as of 5 April 2019)

In the YTD, the 10 least-performing billionaire stocks were: Best World International (-22.1%), Top Glove Corp (-18.4%), StarHub Ltd (-13.1%), Dairy Farm International (-9.5%), Japfa Ltd (-8.2%), Jardine Matheson Holdings (-7.9%), Mandarin Oriental International (-5.7%), Jardine Cycle &amp; Carriage (-2.5%), Sheng Siong Group (-1.9%), and Raffles Medical Group (-1.8%). They averaged a total return of -9.1% over the period.
</body></html>





Singapore lists over 100 stocks with market cap above S$1 billion, out of which 36 have dividend yields of 4.5% and above, compared with the STI’s current yield of 4.0%. Among these 36 stocks, 28 are categorised as REITs, stapled and/or business trusts, while eight are companies. 
	 
	
The five highest-yielding REITs and business trusts are: Hutchison Port Trust (9.1%), Netlink Trust (8.1%), Keppel Infrastructure Trust (8.0%), Cromwell REIT (7.8%), and Mapletree North Asia Trust (7.1%). These five trusts average a yield of 8.0%. 
	 
	
The five highest-yielding companies are: StarHub (10.5%), Singtel (5.7%), Hong Leong Finance (5.4%), Frasers Property (4.8%), and SIA Engineering (4.8%). The five average a yield of 6.2%. 
	 
	In the YTD, the five best-performing billionaire stocks were: Hi-P (+89.8%), SBS Transit (+47.4%), Thai Beverage (+38.0%), Venture Corp (+35.1%), and Silverlake Axis (+34.7%). These five plays have averaged a total return of 49.0% in the YTD.

Singapore Exchange lists over 100 stocks with a market capitalisation above S$1 billion. These stocks provide a wide range of investment choices, spanning both local and international businesses that operate across different sectors and industries.

Best-Yielding Billionaire Stocks

Of these, 36 stocks have dividend yields of 4.5% and above, which compares with the benchmark Straits Times Index’s (STI) current yield of about 4.0%. Among these 36 high-yielding stocks, 28 are categorised as Real Estate Investment Trusts (REITs), stapled and/or business trusts, while eight are companies. This includes six STI constituents.

The five highest-yielding REITs and business trusts are: Hutchison Port Holdings Trust (9.1%), Netlink NBN Trust (8.1%), Keppel Infrastructure Trust (8.0%), Cromwell European REIT (7.8%), and Mapletree North Asia Commercial Trust (7.1%). These five trusts have averaged a yield of 8.0%.

The table below details the 10 highest-yielding REITs and business trusts on SGX, sorted by dividend yield.




			Name
			
			
			SGX Code
			
			
			Market Cap (S$M)
			
			
			Div Yld (%)
			
			
			P/B (x)
			
		


			HUTCHISON PORT HOLDINGS TRUST*
			
			
			NS8U
			
			
			2,833
			
			
			9.1
			
			
			0.6
			
		


			NETLINK NBN TRUST
			
			
			CJLU
			
			
			3,255
			
			
			8.1
			
			
			1.1
			
		


			KEPPEL INFRASTRUCTURE TRUST
			
			
			A7RU
			
			
			2,111
			
			
			8.0
			
			
			1.7
			
		


			CROMWELL EUROPEAN REIT*
			
			
			CNNU
			
			
			1,651
			
			
			7.8
			
			
			0.9
			
		


			MAPLETREE NORTH ASIA COMMERCIAL TRUST
			
			
			RW0U
			
			
			4,221
			
			
			7.1
			
			
			1.0
			
		


			ESR-REIT
			
			
			J91U
			
			
			1,730
			
			
			7.1
			
			
			1.1
			
		


			OUE HOSPITALITY TRUST
			
			
			SK7
			
			
			1,345
			
			
			6.8
			
			
			1.0
			
		


			OUE COMMERCIAL REIT
			
			
			TS0U
			
			
			1,487
			
			
			6.7
			
			
			0.7
			
		


			CAPITALAND RETAIL CHINA TRUST
			
			
			AU8U
			
			
			1,538
			
			
			6.6
			
			
			1.0
			
		


			FRASERS COMMERCIAL TRUST
			
			
			ND8U
			
			
			1,325
			
			
			6.5
			
			
			0.9
			
		


			Average
			
			
			 
			
			
			 
			
			
			7.4
			
			
			1.0
			
		

Source: Bloomberg &amp; StockFacts (data as of 5 April 2019) 
*Note: Hutchison Port and Cromwell REIT are traded in USD and EUR respectively, with SGD equivalents shown in table

The five highest-yielding companies are: StarHub Ltd (10.5%), Singapore Telecoms (5.7%), Hong Leong Finance (5.4%), Frasers Property (4.8%), and SIA Engineering Co (4.8%). The five have averaged a yield of 6.2%, and are categorised to the telecommunications, financial services, real estate development and transport services sectors.

The table below details the 10 highest-yielding companies on SGX, sorted by market capitalisation.




			Name
			
			
			SGX Code
			
			
			Market Cap (S$M)
			
			
			Div Yld (%)
			
			
			P/E (x)
			
		


			STARHUB LTD
			
			
			CC3
			
			
			2,630
			
			
			10.5
			
			
			13.3
			
		


			SINGAPORE TELECOMMUNICATIONS
			
			
			Z74
			
			
			50,456
			
			
			5.7
			
			
			16.5
			
		


			HONG LEONG FINANCE
			
			
			S41
			
			
			1,232
			
			
			5.4
			
			
			10.6
			
		


			FRASERS PROPERTY
			
			
			TQ5
			
			
			5,286
			
			
			4.8
			
			
			7.1
			
		


			SIA ENGINEERING CO
			
			
			S59
			
			
			2,820
			
			
			4.8
			
			
			17.5
			
		


			SINGAPORE EXCHANGE
			
			
			S68
			
			
			7,960
			
			
			4.7
			
			
			21.5
			
		


			YANLORD LAND GROUP
			
			
			Z25
			
			
			2,743
			
			
			4.7
			
			
			3.6
			
		


			DBS GROUP HOLDINGS
			
			
			D05
			
			
			69,022
			
			
			4.5
			
			
			12.3
			
		


			COMFORTDELGRO CORP
			
			
			C52
			
			
			5,500
			
			
			4.1
			
			
			17.8
			
		


			OXLEY HOLDINGS LTD
			
			
			5UX
			
			
			1,298
			
			
			3.9
			
			
			5.6
			
		


			Average
			
			
			 
			
			
			 
			
			
			5.3
			
			
			12.6
			
		

Source: Bloomberg &amp; StockFacts (data as of 5 April 2019)

Billionaire Best-Performers in YTD

In the 2019 year-to-date, the five best-performing billionaire stocks were: Hi-P International (+89.8%), SBS Transit (+47.4%), Thai Beverage PCL (+38.0%), Venture Corp (+35.1%), and Silverlake Axis (+34.7%). These five companies averaged a total return of 49.0% in the YTD, bringing their one-year, three-year and five-year total returns to +6.4%, +139.9% and +171.7% respectively. They are categorised to the information technology, transport services and consumer staples sectors.

The table below details the 10 best-performing billionaire stocks in the YTD, sorted by YTD total returns.




			Name
			
			
			SGX Code
			
			
			Market Cap (S$M)
			
			
			Total Return YTD (%)
			
			
			Total Return 1Y (%)
			
			
			Total Return 3Y (%)
			
			
			Total Return 5Y (%)
			
		


			HI-P INTL
			
			
			H17
			
			
			1,345
			
			
			89.8
			
			
			-14.3
			
			
			409.9
			
			
			295.8
			
		


			SBS TRANSIT
			
			
			S61
			
			
			1,241
			
			
			47.4
			
			
			59.5
			
			
			93.4
			
			
			271.9
			
		


			THAI BEVERAGE PCL
			
			
			Y92
			
			
			20,844
			
			
			38.0
			
			
			6.1
			
			
			27.0
			
			
			66.0
			
		


			VENTURE CORP
			
			
			V03
			
			
			5,429
			
			
			35.1
			
			
			-29.2
			
			
			159.7
			
			
			225.8
			
		


			SILVERLAKE AXIS
			
			
			5CP
			
			
			1,468
			
			
			34.7
			
			
			9.9
			
			
			9.5
			
			
			-1.2
			
		


			CHINA AVIATION OIL
			
			
			G92
			
			
			1,213
			
			
			33.0
			
			
			-7.1
			
			
			95.2
			
			
			83.6
			
		


			GOLDEN AGRI-RESOURCES
			
			
			E5H
			
			
			4,075
			
			
			30.6
			
			
			-6.9
			
			
			-20.7
			
			
			-41.7
			
		


			YANGZIJIANG SHIPBUILDING
			
			
			BS6
			
			
			6,353
			
			
			28.8
			
			
			45.9
			
			
			92.4
			
			
			73.2
			
		


			OUE LTD
			
			
			LJ3
			
			
			1,596
			
			
			23.8
			
			
			0.1
			
			
			12.6
			
			
			-12.9
			
		


			CITIC ENVIROTECH
			
			
			CEE
			
			
			1,126
			
			
			22.4
			
			
			-33.0
			
			
			-32.4
			
			
			-32.3
			
		


			Average
			
			
			 
			
			
			 
			
			
			38.4
			
			
			3.1
			
			
			84.7
			
			
			92.8
			
		

Source: Bloomberg &amp; StockFacts (data as of 5 April 2019)

In the YTD, the 10 least-performing billionaire stocks were: Best World International (-22.1%), Top Glove Corp (-18.4%), StarHub Ltd (-13.1%), Dairy Farm International (-9.5%), Japfa Ltd (-8.2%), Jardine Matheson Holdings (-7.9%), Mandarin Oriental International (-5.7%), Jardine Cycle &amp; Carriage (-2.5%), Sheng Siong Group (-1.9%), and Raffles Medical Group (-1.8%). They averaged a total return of -9.1% over the period.



Mapletree North Asia Commercial Trust (MAGIC SP)

Singapore’s Best-Yielding, Best-Performing Billionaire Plays