REITs rallied on 11 November 2022. One week ago, I have screened a list of REITs that provide attractive current dividend yield. You may wonder due to the rally, what is their current dividend yield now? And, are they still attractive to buy? Let me share why the local stock market reacted positively. The global stock market including Singapore rallied after U.S. stocks rose overnight due to positive news that year-over-year inflation in October fell below 8% for the first time in eight months. US investors hope that with the good news, the Fed will be less aggressive in their interest rate hikes.

REITs Rallied on 11 November 2022

Let us look at the closing price, percentage price change and change in current dividend yield on Friday, 11 November 2022. Name: CapitaLand India Trust (SGX:CY6U)
Closing Price: 1.16 SGD (+0.02) (+1.75%)
Current Dividend Yield: 7.099...