Shares & Derivatives
Capitaland Retail China 7.7% Yield is Attractive
By Invest For Yourself  •  October 28, 2018
Dividend yield of Capitaland Retail China Trust (CRCT) is currently 7.7%, based on last 12 months trailing dividend distribution. I find this highly attractive as it is even higher than the 5.9% – 7.6% yield range that it has historically traded at. CRCT’s share price closed at $1.36 on Friday. We have to go back to 2016 to find the last time CRCT share price was at this level. If we look at the price trend of CRCT in recent years (i.e. 2014 onwards), the current price level seems to be the support and it doesn’t go down much further than this before it will rebound. Hence, besides Starhill Global Reit, I am also eager watching CRCT’s result announcement on coming Tuesday to see if its business profitability and operational cash flow are still intact. These two are crucial to CRCT’s ability to maintain dividends going forward. I hope ......
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