Reits have ex-dividend just recently. And interestingly at today prices, the dividend gap has mostly closed. What ! Since when they becomes a gem… well not exactly like those miraculous speculative counters that spiked more than 20% in a day but if we are to track the trend across multi-years, Reits are like turtle but they will reach and beyond.
A few examples on just this year returns for me will be Ascendas Reit closes $2.95 (Xirr 27%), CapitaMall Trust $2.44 (Xirr 11%) and Mapletree Ind Tr $2.10 (Xirr 10%). Instead of going lower, many Reits have went up in this Trade War.
Quote from Warren Buffett :
“Many investors get this one wrong. Even though they are going to be net buyers of stocks for many years to come, they are elated when stock prices rise and depressed when they fall. In effect, they