Manulife US REIT this morning announced their 1st half 2021 results. They also declared a half-yearly dividend per unit of $0.027. This brings the annualized dividend yield based on the current share price of $0.765 to 7.1% a year. (You can compare this dividend yield to other REIT and high yielding dividend stocks in my Dividend Stock Tracker) This dividend per unit decreased by 11.5% compared to a year ago. Manulife US REIT is not the only office REIT to announced that they decreased the dividend declared for the half-year. Prime US REIT also decreased their dividend per unit. If you review my dividend stock tracker, you would be able to observe that both peers Keppel Pacific Oak and Prime US REIT trade at 8.4% and 8.0% respectively. What caused Manulife US REIT’s dividend to fall? Gross profit for the first half of the year fell by 7.9%. The main reason was that overall occupancy dipped from 96.2% to 91.7%....