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Yield Watch: REITs added to Dividend Stock tracker

My revamp of my dividend stock tracker is underway. This week i have added the majority of the REITs listed on the SGX to my tracker. My tracker is update nightly so do tune in for a quick glance of latest SGX stocks’ yield

What you can do now is track the REITs according to their category and compare against one another based on their fundamentals:

  1. COM – Commercial REITs
  2. HEA – Healthcare REITs
  3. IND – Industrial REITs
  4. RET – Retail REITS
  5. HOS – Housing and hospitality REITs

I have still some way to go so what is missing are the hospitality reits and commercial ones.

Click to view Dividend Stock Tracker

Some notes that you have gotta take care of:

  • Many of the REITs are currently undergoing Rights issues. If that is the case the amount of outstanding shares would change and this HAS NOT BEEN FACTOR into my calculations. I will update it once they become finalised. A good example would be Fortune REIT. You will not be expecting the 14% yield if you get in now.
  • Alot of the REITs have negative earnings and mostly all are under book value. REITs are traditionally gonna pay out 100% or more of their earnings. do note  that my payout ratio is as a percentage of operating cashflow not earnings. I feel it gives a better picture, but as you can see many of them are paying out less than 100%. We will examine more of these in detail.
Kyith

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