$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$
Reason for buying:
1) Dividend 5.2%
2) Quarterly dividend payout
3) PB 1.37
Although the PB is above 1.0 (not really my style to buy REIT above PB 1.0), however given that the Data Centres portfolio is 53% of the AUM, I find this PB1.37 is justifiable.
For comparison, although not apple to apple, Keppel DC Reit PB at 2.0 / Digital Core Reit PB at 1.42 / Ascendas Reit PB at 1.22
http://compoundingdividendxdividend.blogspot.com/2022/01/added-mapletree-industrial-trust.html?m=1
SGX Stocks Opportunities
Share SGX companies' analysis and opportunities with Tigers!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
HPHT PAYS 9% DIVIDEND YIELD
$HUTCHISON PORT HOLDINGS TRUST(NS8U.SI)$