If you tune in to my Dividend Stock Tracker on Friday, you would notice that its in a sea of red.
We are seeing some attractive REITs, at prices that we seen prior to Brexit. CMT is at $1.95, Ascendas REIT and Mapletree Industrial REIT both yields 7%, with Mapletree having a very low 26% net debt to asset. Starhill Global is backed down to $0.76.
Mr Donald Trump and his Policies
If we live and breath the Singapore markets, we might be lead to believe that this draw down is due to Donald Trump being elected.
His policies during his campaign does point towards an unfavorable scenario for the REITs and dividend stocks.
Firstly, you need to know that REITs and certain dividend stocks are rather interest rate sensitive:
- the REITs are leveraged to a certain extend and changes to the interest rate affects their cost to ...
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