Invest
5 Reliable Singapore REITs Offering Dividend Yields of 5.1% or More
By The Smart Investor  •  September 4, 2024
REIT investors are looking for a healthy mix of stability and yield as they scour the landscape for dependable REITs. With interest rates poised to decline, it is also harder for investors to earn a decent return by parking their money in bank accounts. This is why REITs that deliver a sustainable and high yield are attractive and should form part of an income investor’s portfolio. Here are five reliable REITs that continue to offer distribution yields of 5.1% or higher.

Frasers Logistics & Commercial Trust (SGX: BUOU)

Frasers Logistics & Commercial Trust, or FLCT, is a commercial and industrial REIT with a portfolio of 112 properties worth around S$6.8 billion. These properties are spread out across Singapore, the Netherlands, Australia, the UK, and Germany. The REIT reported a resilient set of earnings for the first half of fiscal 2024 (1H FY2024) ending 31 March 2024. Revenue edged up 3.9% year on year to S$216 million while net property income (NPI) inched up 1.8% year...
Read the full article
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.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published. Required fields are marked *

*

Your Email Address will not be published
*

Read More Articles
More from thefinance