During these tough times, many REITs have cut their dividends and income investors are left scurrying for other stocks to build up their passive income stream again.
With that in mind, we look at 3 solid stocks with Reit-like dividend yields income investors would take a liking to.
#1 Venture Corporation Limited
Venture provides contract manufacturing services. Venture has been transformed into a leading global provider of technology services, products and solutions with established capabilities spanning marketing research, design, research and development to develop a wide range of leading-edge products.
It is headquarted in Singapore and has presence in Southeast Asia, Northeast Asia, America and Europe.
- Venture continued its quarter-on-quarter recovery in 3Q 2020 on the back of broad-based growth across the Group’s portfolios of technology domains
- Strong demand from customers in the Life Science & Genomics, Medical Devices & Equipment, Healthcare & Wellness, Networking & Communications and Semiconductor-related Equipment technology domains.