Shares & Derivatives
AIMS AMP Capital Industrial REIT: Scrip Dividend.
By A Singaporean Stockmarket Investor (ASSI)  •  May 20, 2012
I have yet to participate in any distribution reinvestment plans. I like to buy more units or shares at prices I deem fair or undervalued. Now, this is probably a subjective exercise but I like the fact that I have control over the purchase prices.
When AIMS AMP Capital Industrial REIT announced that it would be offering a distribution reinvestment plan in April, I said that I would not be taking up the offer for two reasons: 1. I am investing for regular income and would like to have the quarterly distribution in cash. 2. I was not keen on increasing my exposure to the REIT at the prices then. The REIT's unit price has taken a dive and the selling momentum could bring it closer to $1.00 a unit in time.
Those who accepted the distribution reinvestment plan would be getting new units issued at $1.1622 per unit which ......
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By A Singaporean Stockmarket Investor (ASSI)
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