First Real Estate Investment Trust is one of companies on my list of top dividend stocks. Dividend stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Here are other similar dividend stocks that could be valuable additions to your current holdings.

First Real Estate Investment Trust (SGX:AW9U)

First Real Estate Investment Trust (“First REIT”) is a real estate investment trust constituted by the Trust Deed entered into on 19 October 2006 between Bowsprit Capital Corporation Limited as the Manager and HSBC Institutional Trust Services (Singapore) Limited as the Trustee. First Real Estate Investment Trust was founded in 2006 and with the company’s market capitalisation at SGD SGD1.10B, we can put it in the small-cap group.

AW9U has an appealing dividend yield of 6.10% and is paying out 95.05% of profits as dividends , with analysts expecting the payout ratio in three years to be 106.97%. In the last 10 years, shareholders would have been happy to see the company increase its dividend from $0.07 to $0.09. They have been reliable as well, ensuring that shareholders haven’t missed a payment during this 10 year period. First Real Estate Investment Trust’s earnings per share growth of 81.01% outpaced the sg reits industry’s -0.0045% average growth rate over the last year. Continue research on First Real Estate Investment Trust here.

M1 Limited (SGX:B2F)

M1 Limited, together with its subsidiaries, provides mobile and fixed communications services in Singapore. Started in 1994, and currently headed by CEO Lee Wah Kooi, the company size now stands at 1,515 people and with the market cap of SGD SGD1.73B, it falls under the small-cap group.

B2F has a enticing dividend yield of 6.10% and their payout ratio stands at 79.86% . Although investors would have seen a few years of reduced payments, it has so far always picked up again, with dividends increasing from $0.11 to $0.11 over the past 10 years. When we compare M1’s PE ratio with its industry, the company appears favorable. The Global Wireless Telcom industry’s average ratio of 16.9 is above that of M1’s (13.1). Interested in M1? Find out more here.

Singapore Exchange Limited (SGX:S68)

Singapore Exchange Limited operates an integrated securities exchange and derivatives exchange in Singapore and related clearing houses. Founded in 1999, and headed by CEO Boon Loh, the company currently employs 700 people and has a market cap of SGD SGD9.00B, putting it in the mid-cap group.

S68 has a wholesome dividend yield of 3.33% and the company currently pays out 86.30% of its profits as dividends , with analysts expecting a 86.33% payout in three years. While there’s been some level of instability in the yield, S68 has overall increased DPS over a 10 year period from $0.12 to $0.28. More detail on Singapore Exchange 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.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.