High dividend yields usually come from large DEPRECIATION of stocks- not apreciation. High dividend yields are fine if you have lots of cash coming into your company that you don't need. Otherwise they can be a sign of a company in trouble. But you don't always make money by running with the crowds. Smaller companies have greater potential for growth but also greater potential to lose money.
Updates:
Ascendas-REIT (SIN : A17U)
Was $.92 now up to $1.90.
Dividend yield was listed at 11.4% so should be around 6% today (the listing I fouind does not list a dividend- did they drop it?- guess not- this says they paid out about $62 million for the second quarter
http://www.theedgesingapore.com/component/content/8861.html?task=view ) They issued 350 million new shares last January which raised about $400 million and raised another $300 million in August.
This chart shows it at $1.60 a share at the start of January 2009:
http://www.advfn.com/quote_Ascendasreit_SGX_A17U.html (perhaps adjusted for the new shares issued?). That would be a rise of about 18%. The trend is certainly upwards.
Duet Group (ASX: DUE )
Price on Jan 12: $1.35
52-week range: $1.07-$3.29
Dividend yield: 14.0%
Market cap: $852 million
Price today: $1.82
http://www.google.com/finance?q=ASX:DUE up $.05 or 37%.
Singapore Petroleum (SIN : S99)
Price on Jan 12: $1.58
52-week range: $1.25-$6.01
Dividend yield: 25.5%
Market cap: $816 million
Having troubles finding a $US share price on this one. This article hints the company has been sold and the shares may have been bought out by now:
http://www.newstin.com/tag/us/123402794
By Sameera Anand | 25 May 2009 The Chinese oil giant inks a deal to buy Keppel's 45% stake in Singapore Petroleum for $1 billion, which will trigger a general offer to minority shareholders. PetroChina Company said yesterday it will buy the 45.51% stake in Singapore Petroleum Company that is owned by Keppel Corporation for S$1.47 billion ($1.02 billion). Once PetroChina receives approval, it will be required to offer all minority shareholders an exit, suggesting the total outlay for PetroChina could be $2.25 billion.
Skyworth Digital (HKG: 0751)
Price on Jan 12: $0.06
52-week range: $0.04-$0.13
Dividend yield: 11.8%
Market cap: $137 million
Again no $US share price but profits are reported to be up over 500% and dividend up to $.08 a share.
http://www.chinesestock.org/show.aspx?id=61228&cid=28 IN terms of Hong Kong dollars it has gone from $.42 to about $8.00.
http://www.reuters.com/finance/stocks/chart?symbol=0751.HK
Vitasoy International (HKG: 0345)
Price on Jan 12: $0.41
52-week range: $0.34-$0.51
Dividend yield: 3.6%
Market cap: $420 million
Once again prices in Hong Kong dollars- 52 week low was $3.05 and high $5.75 and is about $5.50 now. In Hong Kong- not US dollars an 80% increase. Changes in the value of the dollar vs the HK dollar will effect these numbers.
Yes, there are some nice returns in there.
By comparison, the US Dow Jones Industrial Average was about 8500 in January and sits at 10,500 today or an increase of about 24%. From the March bottom it is up almost 62%.