Frasers Centrepoint Trust is one of our top dividend-paying companies that can help boost the investment income in your portfolio. These stocks are a safe way to create wealth as their stable and constant yields generally hedge against economic uncertainty and deliver downside protection. A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Today I will share with you my best paying dividend shares you should be considering for your portfolio.
Frasers Centrepoint Trust (SGX:J69U)
Frasers Centrepoint Trust (“FCT”) is a leading developer-sponsored retail real estate investment trust. Frasers Centrepoint Trust was started in 2006 and with the stock’s market cap sitting at SGD SGD2.01B, it comes under the mid-cap group.
J69U has a large dividend yield of 5.48% and the company currently pays out 56.87% of its profits as dividends , and analysts are expecting the payout ratio in three years to hit 91.06%. The company’s dividends per share have risen from S$0.064 to S$0.12 over the last 10 years. It should comfort existing and potential future shareholders to know that J69U hasn’t missed a payment during this time. Frasers Centrepoint Trust’s performance over the last 12 months beat the sg reits industry, with the company reporting 59.56% EPS growth compared to its industry’s figure of 7.61%. More detail on Frasers Centrepoint Trust here.
CapitaLand Mall Trust (SGX:C38U)
CMT is the first real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) in July 2002. CapitaLand Mall Trust was formed in 2001 and has a market cap of SGD SGD7.06B, putting it in the mid-cap category.
C38U has a juicy dividend yield of 5.61% and distributes 60.16% of its earnings to shareholders as dividends , with the expected payout in three years being 88.00%. Despite C38U’s last payment of S$0.11 being lower than their dividend per share 10 years ago of S$0.13, the company has been reliable in its payout to shareholders, not missing a payment during this time. CapitaLand Mall Trust’s earnings per share growth of 40.10% over the past 12 months outpaced the sg reits industry’s average growth rate of 7.61%. Interested in CapitaLand Mall Trust? Find out more here.
DBS Group Holdings Ltd (SGX:D05)
DBS Group Holdings Ltd provides various commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. Formed in 1968, and now run by Piyush Gupta, the company size now stands at 24,174 people and with the company’s market capitalisation at SGD SGD75.51B, we can put it in the large-cap category.
D05 has a enticing dividend yield of 4.08% and their current payout ratio is 54.25% . While there’s been some level of instability in the yield, D05 has overall increased DPS over a 10 year period from S$0.80 to S$1.20. The company also looks promising for it’s future growth, with analysts expecting an earnings per share increase of 58.97% over the next three years. More detail on DBS Group Holdings here.For more solid dividend payers to add to your portfolio, you can use our free platform to explore our interactive list of top dividend payers.