Singapore's top healthcare stocks average 5% YTD dividend yield

This outpaces the benchmark STI's 12M yield of 4%.

Singaopre's top healthcare stocks averaged a dividend indicated yield of 5.3% YTD to outpace that of the benchmark STI's 12M yield of about 4%, according to SGX.

Healthcare REIT First REIT leads the pack with an average dividend yield of 8.7% followed by ISEC Healthcare (5.2%), Singapore O&G (4.6%),Parkway Life REIT (4.6%) and HC Surgical Specialists (3.5%).

Healthcare was also amongst the top net buy sectors on SGX in April with net institutional inflows of S$3.9m, up from net inflows of S$2.1m in March, according to SGX data.

The iEdge SG All Healthcare Index has 34 constituents with a combined market capitalisation of nearly S$35b. Healthcare services providers are well-represented, accounting for more than half the Index’s constituents.