Singapore is home to a wide variety of REITs and business trusts.
These REITs and trusts commonly tap on a mix of organic growth and acquisitions to grow their distributions.
It’s always music to an investor’s ears when his or her stocks announce acquisitions that boost returns.
A growth investor may focus on the profits a business generates but for an income investor, the focus will be on the level of dividends received.
An attractive characteristic of any REIT or business trust is its ability to continue to grow its asset base and distribution per unit (DPU) over the long term.
By doing so, the unitholder will not only enjoy a larger stream of passive income in the future but can also savour capital gains as investors bid up the stock’s unit price.
Here are two such stocks that recently conducted acquisitions to boost their DPU that you may consider adding to your stocks watchlist.
Keppel Infrastructure Trust (SGX: A7RU)...