China Merchants tops in indicative yield

Singapore

THE three real estate companies (excluding real estate investment trusts) with the highest indicative dividend yields in 2014 year-to-date are toll road operator China Merchants (+7.3 per cent); property developer Sim Lian Group (+5.6 per cent); and real estate development and management firm United Overseas Australia (+4.7 per cent).

This is according to an SGX My Gateway report released yesterday, which studied 40 stocks in the real estate investment and services sector, including companies which directly or indirectly invest in real estate, as well as service provi…