DBS is particularly strong following its recent commitment to increase ordinary dividends by 6 cents per quarter in 2026.These dividends are backed by DBS's SGD 13 billion in annual profits.
UI Boustead REIT's 7.8% yield for FY2027 is only a forecast. A significant part of this higher yield is meant to compensate investors for stabilisation risk as the portfolio's committed occupancy is 89%, which is lower than established industrial Reits.
Since the REIT fell 8.5% below its IPO price of SGD 0.88 to SGD 0.805, the real yield has technically increased. However this reflects the market skepticism rather than financial strength.
By choosing DBS and UOB over UI Boustead REIT, I am picking certainty in an uncertain world.
With the current Iran War, DBS & UOB are my anchor & source of steady passive income.
Comments