We assess three Singapore blue chip REITs with annualised dividend yields above 6%, examining dividend growth, gearing and income sustainability.
What happened?
Singapore REIT dividend yields are back in focus as interest rates rise.
We recently shared what the Fed’s September rate hike could mean for REITs and blue chip stocks, including potential pressure from higher refinancing costs.
We also previously examined dividend yields and performance across the Singapore REIT sector and later compared REITs yield with Singapore bank dividends to see which is better for income.
With many REITs trading near their 52-week lows, members of the Beansprout community have asked whether these lower valuations have made REITs more attractive for income investors.
For me, the key question is whether their distributions can hold up well enough to make current prices attractive.
In this article, I look at three Singapore blue chip REITs with dividend yields above 6% and assess their distribution...