5 reasons to be bullish on this Singapore REIT's 6% yield
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Hey, Willie here! With recent interest rate hikes, not all Singapore REITs are worth investing today. I wouldn't be looking at Singapore REITs unless they are trading at a high dividend yield. However, our contributor, KC, wrote his five reasons to be bullish about this Singapore REIT... This is a well-known heartland mall dominator. It owns some of Singapore's iconic malls including Causeway Point, Serangoon NEX, Northpoint City and so on. Despite higher interest rates, the REIT continued to grow distributions over the last three years. If it continues to grow, its dividend will be well over 6% yield. Not too bad. Not too bad. He shares why he's bullish about this Singapore REIT at ~6% yield. Sometimes, investing can be simple. - Willie Keng, CFA Founder, DividendTitan.com |
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