Invest
A Lookback at My Investment in Ascendas REIT
By InvestingNote  •  November 29, 2021
Apart from OCBC (I’ve reviewed on the bank’s results over the past 9 years, and also reasons for my investment back then here), another company I’ve added to my long-term investment portfolio in 2019 was Ascendas REIT (SGX:A17U) – with my invested price at $2.93 back when its unit price fell due to the REIT’s launch of a preferential offering where the issue price range was between $2.96 and $3.05 for each unit (you can check out more information about the REIT’s fund raising exercise then in this document). In case you’re wondering what the yield was back then, I based it on its full year payout in FY2018 of 16.035 cents/unit, and it was at 5.5% – which satisfies my requirement of my investments giving me a minimum of a 4.0% yield. No doubt its distribution in FY2020 have fallen a little compared to FY2018/19 (at 14.688 cents/unit), but at my invested price, it was still yielding at 5.0%....
Read the full article
By InvestingNote
InvestingNote is Singapore’s first & largest community-driven platform where investors and traders from all levels connect and share ideas with one another.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance