Indicative Dividend Yields rose

With share prices slumping, dividend yield rose. I went back and look at the dividend yields of some stocks. The current dividend yields were compiled from Bloomberg using their dividend indicative gross yield figures. I then compare these current yields with the ones taken on 14 December 2015. The latter figures were extracted from SGX’s StockFacts.

Counter Current Div Yield (%)* 14.12. 2015 Div Yield (%) Change (Percentage points)
Keppel Corp 9.92 7.50 2.42
SembCorp Marine 8.05 6.92 1.13
SembCorp Ind 7.31 5.26 2.05
M1 6.37 6.97 -0.60
StarHub 5.93 5.54 0.39
Singtel 5.15 4.55 0.60
UOB 4.95 4.42 0.53
OCBC 4.76 4.17 0.59
SGX 4.48 3.92 0.56
DBS 4.35 3.65 0.70
SPH 4.24 3.88 0.36
SATS 3.60 3.66 -0.06
Comfort Delgro 3.00 2.84 0.16
SIA 2.49 2.47 0.02
* Bloomberg 4.25 pm 21 Jan 2016
Dividend indicated gross yield

The jump in dividend yield was significant for Keppel Corp, SembCorp Industries and SembCorp Marine. This is because share prices of these counters were hammered.

The average dividend yield of these 14 stocks is now 5.33%. A month ago it was 4.70%. These stocks were known to be providing dividends in the past. Dividends for Keppel Corp, SembCorp Industries and SembCorp Marine could be dicey this round.

Disclaimer: The author disclaimed liabilities on use of this post by readers for investment decisions. Use them with caution.

Copyright © 2016, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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