Dividends act as a stream of passive income that can help to sustain your lifestyle when you retire.
Hence, it’s not surprising for income investors to search for dividend-paying stocks to add to their investment portfolios.
REITs are an asset class that pays out regular distributions and are suitable for income-seeking investors.
With the earnings season just over, we highlight four REITs that will be paying out their distributions this month.
Keppel DC REIT (SGX: AJBU)
Keppel DC REIT is a data centre REIT that owns a portfolio of 23 data centres across nine countries.
The REIT has assets under management (AUM) of S$3.7 billion as of 31 December 2022.
The data centre REIT reported steady growth in distribution per unit (DPU) for the second half of 2022 (2H 2022).
Gross revenue rose 4.3% year on year to S$141.8 million while net property income (NPI) inched up 4% year on year to S$129.3 million....