Dogs of the Straits Times Index

The Dogs of the Dow strategy is a well-known strategy for picking up beaten up blue-chip stocks and has been shown to match or outperform the Dow over the long-term. Further details of the strategy can be found in this website.

Basically it consists of picking the top 10 stocks with the highest dividend yield from the Dow Jones index. The 5 stocks with the lowest share price form the Small dogs of the Dow.

I am going to track the performance of the Dogs from the Straits Times Index in Singapore.

The Dogs as of 13/9/2012 are as follows:

 

Name of Company Price on 13/9/2012 Dividend yield P/E P/B P/S Dogs
Singapore Press Holdings 4.02 5.97 17.772 3.03 5.13 Yes
StarHub 3.69 5.405 18.472 251.1 2.68 Yes
Sia Engr 4.16 5.048 16.835 3.43 3.83 Yes
Sembcorp Marine 4.98 5.02 14.669 4.59 2.33 Yes
Singapore Telecom 3.32 4.773 13.13 2.24 2.81 Yes
Singapore Technologies Engineering 3.47 4.467 18.859 6.44 1.75 Yes
Keppel Corp 11.2 3.929 8.615 2.4 1.55 Yes
Singapore Exchange 6.9 3.907 25.293 8.86 11.41 Yes
DBS Group Holdings 14.52 3.857 10.705 1.18 3.38 Yes
ComfortDelGro 1.65 3.758 14.139 1.79 0.98 Yes
CapitaMall Trust 1.975 3.534 13.357 1.2 10.09 No
Oversea-Chinese Banking 9.29 3.337 12.744 1.35 3.88 No
Jardine Cycle & Carriage 47.3 3.26 12.942 3.13 0.63 No
United Overseas Bank 19.43 3.088 12.707 1.41 3.8 No
SembCorp Industries 5.5 3.085 11.689 2.4 0.99 No
Golden Agri-Resources 0.675 2.726 6.027 0.82 1.16 No
Hongkong Land Holdings 5.95 2.694 6.525 0.55 14.66 No
Capitaland 3.12 2.564 12.332 0.88 4.18 No
Olam International 1.985 2.525 13.262 1.39 0.28 No
Jardine Matheson 53.69 2.367 9.58 1.18 0.49 No
Fraser and Neave 8.51 2.025 17.157 1.72 2.04 No
CapitaMalls Asia 1.63 1.994 11.727 0.98 22.73 No
Singapore Airlines 10.49 1.907 33.839 0.97 0.83 No
Wilmar International Limited 3 1.7 13.134 1.17 0.34 No
Noble Group 1.27 1.642 16.859 1.34 0.07 No
Global Logistic Properties 2.47 1.215 15.519 1.15 15.23 No
City Developments 11.2 1.161 17.694 1.46 3.22 No
Genting Singapore 1.37 0.73 20.571 1.92 5.43 No
Jardine Strategic 32.32 0.703 8.916 0.99 0.61 No
Neptune Orient Lines 1.13 0 0 1.07 0.25 No

Let us look at these Dogs again in a year’s time and see how they have performed against the Straits times index.

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