March Top Dividend Stock

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Frasers Centrepoint Trust is one of companies that can help grow your investment income by paying large dividends. These stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. I’ve made a list of other value-adding dividend-paying stocks for you to consider for your investment portfolio.

Frasers Centrepoint Trust (SGX:J69U)

Frasers Centrepoint Trust (“FCT”) is a leading developer-sponsored retail real estate investment trust. Frasers Centrepoint Trust was formed in 2006 and with the market cap of SGD SGD2.04B, it falls under the mid-cap group.

J69U has a large dividend yield of 5.41% and pays out 56.87% of its profit as dividends , with the expected payout in three years hitting 94.48%. The company’s DPS has increased 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 earnings per share growth of 59.56% over the past 12 months outpaced the sg reits industry’s average growth rate of 16.06%. More on Frasers Centrepoint Trust here.

SGX:J69U Historical Dividend Yield Mar 29th 18
SGX:J69U Historical Dividend Yield Mar 29th 18

ComfortDelGro Corporation Limited (SGX:C52)

ComfortDelGro Corporation Limited, an investment holding company, operates as a land transportation company. Started in 2003, and now run by Ban Yang, the company now has 22,048 employees and with the company’s market cap sitting at SGD SGD4.33B, it falls under the mid-cap group.

C52 has an alluring dividend yield of 5.20% and their current payout ratio is 74.55% . Although there has been some volatility in the company’s dividend yield, the DPS over a 10 year period has increased from S$0.10 to S$0.10. Continue research on ComfortDelGro here.

SGX:C52 Historical Dividend Yield Mar 29th 18
SGX:C52 Historical Dividend Yield Mar 29th 18

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. The company was established in 2001 and with the company’s market cap sitting at SGD SGD7.27B, it falls under the mid-cap stocks category.

C38U has a substantial dividend yield of 5.44% and pays out 60.16% of its profit as dividends , with analysts expecting the payout ratio in three years to be 86.94%. Although shareholders haven’t seen an increase in DPS in 10 years, the company has been reliable and hasn’t missed a payment, which is what you want from a dividend payer. CapitaLand Mall Trust’s earnings per share growth of 40.10% outpaced the sg reits industry’s 16.06% average growth rate over the last year. More on CapitaLand Mall Trust here.