It would seem that CDL Trust is fairing much better than most of the REITs in that it manage to sustain a healthy climb on a back of one of the strongest balance sheets for REITs. Although it is not yielding as much as the majority of the REITS (5.1%) its still a good return on a balance sheet with an absence of debt (please correct me if i am wrong here. My data is from DBS Vickers Clarity)
Come another crisis, REITs like these with low debt, good parent backing and assets that are not susceptible to downward revaluation of prices are likely to be good pickups.
Here are today’s figures. Do follow my Dividend Stock Tracker which is updated nightly here.
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
Readers also follow Kyith to learn how to plan well for Financial Security and Financial Independence.
Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend.
You can view Kyith's current portfolio here, which uses his Free Google Stock Portfolio Tracker.
His investment broker of choice is Interactive Brokers, which allows him to invest in securities from different exchanges all over the world, at very low commission rates, without custodian fees, near spot currency rates.
You can read more about Kyith here.
- $50,000 Portfolio to Supplement Lifetime Critical Illness Coverage. - June 5, 2023
- The Beauty of Having Low Essential & Basic Expenses - June 3, 2023
- Singapore Savings Bonds SSB July 2023 Yield at2.82% (SBJUL23 GX23070H) - June 1, 2023