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SPH Reit Yield is Back
By Invest For Yourself  •  October 5, 2021
SPH Reit released their full year results yesterday and its DPU performance is BACK ! It announced a DPU of 1.58 cents for their last quarter before closing their book. This is a 14% increase from the DPU from the previous quarter. Their full year DPU also raised 98% year-on-year to 5.8 cents. This translates to 5.8% yield which brings it back into the historical yield range of 5.0% to 6.2%. The fact that it is on the higher end of the range means that SPH Reit share price may actually have an “upgrade” in the coming days. Say if its yield would to revert to the mean of 5.6%, SPH Reit share price will climb to 96 cents, 3 cents up from yesterday :-). I think it is a credible scenario. I am vested in SPH Reit, having held it in my portfolio since its IPO in 2013. There...
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