Shares & Derivatives
What I Like About Mapletree Industrial Trust’s 6% Dividend Yield
By Dividend Titan  •  May 29, 2023
This is probably my favourite Mapletree REIT right now. And it's now just about its high dividend yield for a blue-chip... Of all three Mapletree REITs, this is my favourite right now – Mapletree Industrial Trust. Mapletree Industrial Trust’s 6% yield is the highest versus Mapletree Logistics Trust (5.5% yield) and Mapletree Pan Asia Commercial Trust (5.8% yield). I wrote Mapletree Industrial Trust’s overview here. More important, MINT’s financial profile is in a better position to secure its consistent dividends today. The thing is, the market hasn’t liked MINT for a while – shares stumbled 30% since 2020. And I expect more its shares to sell off because of the high interest rate uncertainty. Perhaps, largely because the market is still skeptical about MINT’s high interest costs. I’m not surprised. Trending Is CapitaLand Investment 5% Yield a Buy? Last year, MINT paid an interest rate of 3.5% on its debt, which is actually higher than many Singapore blue-chip REITs....
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By Dividend Titan
I am Willie Keng and I help business owners and boutique investment firms do one thing: I build practical, effective investment processes that grow their AUM than their business can practically handle…
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