We highlight three blue chip Singapore REITs that offer dividend yields of above 6%.
What happened?
The REIT sector has gone through two years of tough times.
Earlier, we shared that Singapore REITs have largely performed worse than Singapore's benchmark index in 2024.
This is largely due to higher interest rates which led to a decline in dividends for the REITs.
I've seen some discussion in the Beansprout community about whether this creates opportunities for investors looking at holding Singapore REITs for dividend income, especially with the sharp fall in the Singapore T-bill yield.
For many REIT investors, the starting point when looking at the sector would be blue chip REITs with strong sponsors.
In this post, I will be looking at three of these REITs that offer dividend yields of above 6%.
Three blue-chip REITs with dividend yields above 6%
#1 – Mapletree Logistics Trust (SGX: M44U)
Mapletree Logistics Trust, or MLT, owns a portfolio of 183 properties spread across eight countries including...