by: Tam Ging Wien

All examples and stocks quoted here in this article and on the ProButterfly.com and REITScreener.com site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial adviser.

SPH REIT announced its full year FY2020 results ending 31-August-2020. SPH REIT declared a DPU of 1.04c for half year ending 31-Aug-2020. This is a 63.5% fall, compared to the 2.85c in the same period last year.

The manager had decided to defer the payment of $14.5mil worth of dividends citing “prudence in financial management”. This deferment is allowed under the MAS COVID-19 relief measures but must be paid out by August 2021.

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