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.
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