Income investors are a lucky bunch here in Singapore.
REITs are well-known as an asset class that pays out a steady dividend through good times and bad.
Hence, they are favoured by dividend investors for their stable characteristics and dependable distributions.
Today, the Singapore REIT market is made up of 36 REITs and eight business trusts with a total market capitalisation of around S$113.5 billion as of 20 May 2022.
Investors are spoilt for choice when it comes to the type of REIT they want in their portfolios and which region they prefer to have exposure to.
However, as an income-driven investor myself, I gravitate towards REITs that have a great track record of increasing their distribution per unit (DPU).
The flow of passive income will certainly help you to prepare better for retirement.
Here are three REITs that are ready to raise their DPU even further for the rest of this year....