Everyone loves their Singapore REITs. Here's 3 big Singapore landlords that are currently paying more than 5% dividend yield.
Singapore REITs have a special place in all dividend investors’ heart.
Imagine: getting dividend income year after year, is a great way to grow your portfolio.
And it’s hard to go wrong buying Singapore properties.
What you want is make sure you’re paying the right price.
Here’s 3 big, safe Singapore REITs that are paying at least 5% dividend yield right now.
Singapore REIT #1: CapitaLand Integrated Commercial Trust
CapitaLand Integrated Commercial Trust (SGX:C38U) is the granddaddy of Singapore REITs. It’s the merger between CapitaLand Mall Trust (the first Singapore REIT listed in 2002) and CapitaLand Commercial Trust.
Today, CICT owns both retail and office assets. And is the biggest Singapore REIT with a market cap of S$14 billion.
CICT owns 22 Singapore properties — including Tampines Mall, IMM Building, Junction 8, Raffles City and the latest revamped Funan Mall....