What occurred?
REIT traders should have breathed a sigh of reduction final month because the US Federal Reserve made its first rate of interest reduce in 4 years. Earlier, I shared how Singapore REITs might profit with the reduce in rates of interest. Particularly, REITs may even see a restoration of their dividends as value pressures ease. Nonetheless, some traders within the Beansprout group have shared that it’s onerous to seek out Singapore REITs that proceed to supply good dividends, as their share costs have bounced considerably in current months. Therefore, I made a decision to search for Singapore REITs with sturdy sponsors which can be providing dividend yields of 6% or greater. On this publish, I will probably be diving deeper into Mapletree Pan Asia Industrial Belief, Mapletree Logistics Belief, and CapitaLand Ascott Belief to seek out out if they’re price for revenue traders.Â
3 Singapore REITs with dividend yields above 6%
#1
…