Singapore Loves Dividends, Australia Most Generous
- Australia’s 4.2% yield highest among developed markets
- 97% of Singapore stocks paid dividends versus 70% in S&P 500
Photographer: Dario Pignatelli/Bloomberg
This article is for subscribers only.
Dividend-dependent investors were best served by the Asia-Pacific region last year, with Australia’s benchmark index offering the highest yield among developed countries and Singapore providing nearly ubiquitous payouts.
Singapore and the Philippines led the world in the proportion of companies that made or pledged dividend payments, with about 97 percent of companies in both Singapore’s Straits Times Index and the Philippine Stock Exchange PSEi Index having an ex-dividend date for the 12 months through Dec. 31, according to an analysis of about 70 national equity benchmarks by Bloomberg.