Shares & Derivatives
Distribution Reinvestment Plan: First REIT and CIT.
By A Singaporean Stockmarket Investor (ASSI)  •  February 6, 2014
I received a few enquiries from readers as to what I am doing with regards to the Distribution Reinvestment Plans (DRP) offered by First REIT and Cambridge Industrial Trust. I think readers who have been following my blog for a long time would have guessed my answer. I invest in REITs for income and I will take the distributions in cash, usually. Usually? Yes, usually and I would have said "always" if not for the single instance when I took part in the DRP of AIMS AMP Capital Industrial REIT's. So, why did I do it then? Was I being inconsistent? Well, if I could make money out of a situation and yet not stray from my original intention of investing for income, I am being consistent. That was the case then. So, it was a case of having my cake and eating it too. Why wouldn't I do it? ......
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By A Singaporean Stockmarket Investor (ASSI)
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