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. As a long term investor with a short term temperament, I highly recommend these top dividend stocks.

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 (subsequently amended by First Supplemental Deed dated 6 September 2007, Second Supplemental Deed dated 19 April 2010, Third Supplemental Deed dated 26 April 2011, Fourth Supplemental Deed dated 1 April 2013, First Amending and Restating Deed dated 23 March 2016 and Supplement Deed of Retirement and Appointment of Trustee dated 1 November 2017) between Bowsprit Capital Corporation Limited as the Manager and Perpetual (Asia) Limited as the Trustee. First Real Estate Investment Trust was established in 2006 and with the company’s market cap sitting at SGD SGD1.07B, it falls under the small-cap group.

AW9U has a juicy dividend yield of 6.32% and is currently distributing 94.64% of profits to shareholders , with analysts expecting the payout in three years to be 103.88%. AW9U’s dividends have seen an increase over the past 10 years, with payments increasing from S$0.074 to S$0.086 in that time. 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 growth over the past 12 months has exceeded the sg reits industry, with the company reporting an EPS growth of 68.36% while the industry totaled 33.43%. Continue research on First Real Estate Investment Trust here.

Frasers Centrepoint Trust (SGX:J69U)

Frasers Centrepoint Trust (“FCT”) is a leading developer-sponsored retail real estate investment trust. Frasers Centrepoint Trust was founded in 2006 and with the stock’s market cap sitting at SGD SGD2.04B, it comes under the mid-cap stocks category.

J69U has a sumptuous dividend yield of 5.41% and their payout ratio stands at 56.64% , with analysts expecting this ratio to be 94.78% in the next three years. In the last 10 years, shareholders would have been happy to see the company increase its dividend from S$0.07 to S$0.12. The company has been a dependable payer too, not missing a payment in this 10 year period. Frasers Centrepoint Trust’s earnings per share growth of 56.19% outpaced the sg reits industry’s 33.43% average growth rate over the last year. More detail on Frasers Centrepoint Trust here.

Mapletree Logistics Trust (SGX:M44U)

MLT, the first Asia-focused logistics REIT in Singapore, was listed on the SGX-ST main board on 28 July 2005. The company was established in 2004 and with the company’s market cap sitting at SGD SGD3.73B, it falls under the mid-cap category.

M44U has a juicy dividend yield of 6.24% and their payout ratio stands at 47.20% , with an expected payout of 98.08% in three years. While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time. Mapletree Logistics Trust’s earnings growth over the past 12 months has exceeded the sg reits industry, with the company reporting an EPS growth of 143.75% while the industry totaled 33.43%. Dig deeper into Mapletree Logistics Trust here.

For more solid dividend paying companies to add to your portfolio, explore this 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.