Demand for dividend plays to grow as population ages

Singapore

STOCKS with high dividend yields here are going to continue to grow in favour, as the country's population begins to age.

This means that counters with traditionally high dividend payouts, such as the real estate investment trusts (Reits), the local banks, Singtel, Keppel Corp, StarHub and Singapore Press Holdings (SPH), are likely to be in greater demand over the longer term, even after the global economy escapes its current short-term volatility.

Schroder Investment Management (Singapore) said, in its latest SchrodersTalking Point circular out this week, that changing demographics in Singapore will create opportunities fo…