High-yielding billionaire stocks extend beyond the STI

SINGAPORE (June 14): Many investors may not be aware that the Straits Times Index (STI) maintains one of the highest dividend yields across stock markets in Asia Pacific.

As of June 9, 14 out of the 30 STI constituents maintain an indicative dividend yield of at least 3%. Among this group of stocks that have averaged a 10.6% dividend-inclusive return in 2017 YTD are Singtel and OCBC.

Even less are aware there are 33 other stocks beyond the STI with market capitalisation of at least $1 billion that have averaged a higher 15.2% dividend-inclusive return and also maintained a dividend yield of at least 3%.

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