In the first half of 2024, Singapore REITs experienced a downward trend in share prices, averaging a decline of 14%. Despite the lack of the anticipated three rate cuts last year, recent CPI data released last week led to a price increase. Now, two rate cuts are expected this year, possibly starting in September.
Image by Moondance from Pixabay
Overall Return The graph below shows the overall returns, including Business Trust - CapitaLand India Trust. Dividends are based on the ex-dividend date.
This time, only 3 REITs achieved positive returns, with 6 losing 20% or more. Here’s a detailed breakdown:
Average Dividend: 2.81% (ex-dividend date)Average Capital Loss: 14.45%Average Total Return: -11.65%Median Dividend: 2.86%Median Capital Loss: 13.18%Median Total Return: -9.54%
MCFK Group's REITs Return For MCFK counters:
Average Dividend: 2.59%Average Capital Loss: 18.47%Average Total Return: -15.88%Median Dividend: 2.67%Median Capital Loss: 15.72%Median Total Return: -13.16%...