Shares & Derivatives
Would I Buy this 8.6% Yield Singapore REIT: Digital Core REIT?
By Dividend Titan  •  July 25, 2023
Digital Core REIT shares soared 40% from its bottom this year. Would I buy this 8.6% dividend yield Singapore REIT today? The market was just delighted with this Singapore REIT – Digital Core REIT. Last week, its shares jumped 12% in one day… Wow. Market chatter was because DBS released a positive report that many companies are seeking to buy out Digital Core REIT’s recently defaulted tenant – Cyxtera. Seems like good news, right? At current prices of US$0.50, Digital Core REIT shares trade at 8.6% dividend yield. And still trading at a bargain 40% discount to its book value. Looking at things from afar, It’s remarkable how could easily flip on its head about share prices. Disclaimer — I personally own a position in Digital Core REIT. Is it time to buy this Singapore REIT? Well, let’s dive in. Why do Digital Core REIT shares keep dropping?  Digital Core REIT is a “pure-play” data-centre REIT (what you need to know about the Singapore REIT).  ...
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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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