Dividends boost FTSE ST Mid Cap Index to 5.6% YTD

Check out the company with the highest price gain.

Early year dividends are coming in at a remarkable rate.

According to SGX,in the 2015 year through to 5 Feb, the FTSE ST Mid Cap Index has generated a 4.9% price gain, with dividends boosting that return to 5.6%. The 50 constituents have averaged a 4.7% total return over period.

SGX adds that the ten largest capitalised companies in the FTSE ST Mid Cap Index represent four different industries and have averaged a 6.0% price gain in the year thus far. A portfolio balanced between the five largest stocks of the FTSE ST Mid Cap Index returned 8.7% the year thus far.

In terms of total return in the year-to-date, Keppel Land has the highest price gain of 32.5%, followed by Neptune Orient Lines with 20.2%, and Biosensors International with 14.5%.