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Added: Ascendas REIT
By CompoundingDividendxDividend  •  March 8, 2021
Bought 3100 shares of Ascendas REIT at $2.91 on 8 Mar. Reason for buying: 1) 5% dividend yield 2) Lower than the Preferential Offering (PO) price of $2.96 in Nov 2020 3) Dropped 21% from 52w high $3.65 4) Better safety margin compare to its competitors      Company                   Dividend %      Price/Book (PB) Ascendas REIT                     5%                       1.3 Keppel DC REIT                 3.4%                     2.2 Mapletree Ind Trust            4.4%                     1.5       5) Ascendas REIT is under CapitaLand Group...
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