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4 Singapore REITs Paying out Dividends in March
By The Smart Investor  •  March 2, 2023
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....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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