Wednesday, 21 February 2018

REITs Dividend Yield for 21.02.18

Disclaimer: The below tables are used for reference and entertainment purposes only. The accuracy of the data is not guaranteed. Please check your own sources, perform your own calculations, study the company's fundamentals and other financial metrics before making any trade or investment decision. 😀

It appears that interests in REITs have returned. Stock gurus such as Dr Wealth, Fifth Person and Motley Fool are starting to talk about investing in REITs. Here's the link to an interview with David Kuo from Motley Fool on companies to watch.  Coincidentally all the 3 companies he suggested today all dropped in prices! Why never support him? Tomorrow go and buy up the prices k? 😀 Out of the 3 companies that he mentioned, I think 2 of them are still not cheap enough at the current moment. Of course, all 3 REITs are solid companies which I wouldn't mind holding at a yield that I am happy with. If you have been reading my past blog posts, you should know which company I would consider okay to buy at it's current price. Having said that, price is what you pay, value is what you get. If you are happy with the value, just pay the price.






 OUEHT dividend yield is not very attractive now 
compared to other hospitality REITs. Yet, the price still goes up! 
Why???Investors bullish in our local tourism?

Sunday, 18 February 2018

Past Dividend Yield of STI Component Stocks based on 15.02.18's Closing Price

Disclaimer: The below tables are used for reference and entertainment purposes only. The accuracy of the data is not guaranteed. Please check your own sources, perform your own calculations, study the company's fundamentals and other financial metrics before making any trade or investment decision. 😀

The past dividend yields' calculations are based on 15.02.18's closing price. It basically means if you bought based on 15.02.18's closing price, you would be able to get that dividend yield if you had a time machine to go back in time to collect the dividends. A better way to use the data is if the company keeps growing the dpu year after year (green cells), there's a better chance that they could continue to maintain or grow the dpu moving forward. However, always keep up to date with the company's fundamentals before investing. Do not invest solely based on dividend yield.

Without further ado, here's the dividend yield/dpu of STI 30 Component Stocks.


A lot of hard research and data entry work has been done in order to come up with this data. If you find it useful, please share this blog post link. Also check out my previous post where I compare the dpu of banks and telcos stocks: link here.Cheers!

P.S - My previous blog post on banks and telcos dividend yield did not garner as much interest as REITs dividend yield. If the interests are not there for non-REIT stocks, I will not update the data in future.




  

Thursday, 15 February 2018

Past Dividend Yield of Banks and Telcos based on 15.02.18's Closing Price

Disclaimer: The below tables are used for reference and entertainment purposes only. The accuracy of the data is not guaranteed. Please check your own sources, perform your own calculations, study the company's fundamentals and other financial metrics before making any trade or investment decision. 😀


The dividend yield info below is based on 15.02.18's closing price. Huat ar! Especially if you own bank stocks!




Note: Singtel issued special dividend in 2017. I do not forecast the current yield for non-REIT counters as they usually do not have fixed dividend policy.

Update - I am still working on STI 30 Component Stocks Data. Result will be out before next Market opening. The format will be the same as above. Do support and share my blog. Sharing is caring. Or issit the other way round? Have a great Chinese New Year!


REITs Dividend Yield for 15.02.18

Disclaimer: The below tables are used for reference and entertainment purposes only. The accuracy of the data is not guaranteed. Please check your own sources, perform your own calculations, study the company's fundamentals and other financial metrics before making any trade or investment decision. 😀


The dividend yield info below is based on 15.02.18's closing price. Huat ar!



Added Previous Day Price and % Change in Price Info

Coming Soon - STI 30 Component Stocks Dividend Performance Info


Tuesday, 13 February 2018

REITs Dividend Yield for 12.02.18

Disclaimer: The below tables are used for reference and entertainment purposes only. The accuracy of the data is not guaranteed. Please check your own sources, perform your own calculations, study the company's fundamentals and other financial metrics before making any trade or investment decision. 😀

The dividend yield info below is based on 12.02.18's closing price. Enjoy!





Sunday, 11 February 2018

I Sold Off This REIT which Analysts are Bullish On

Disclaimer: I am not a financial adviser. This Post is neither a Buy or a Sell Recommendation. I am  only sharing my opinion on a company stock and this Post is purely for entertainment purposes only. Always DYODD before making a trade decision. 😀

Goodbye OUE-H
The stock which I liquidated was none other than OUE Hospitality Trust.

See. I Sold Off!

Check out this link https://sginvestors.io/sgx/reit/sk7-oue-htrust/analyst-report to hear what analysts have to say about this REIT.

Analysts are bullish and I sold. I Siao (Crazy)?

Background and Dividend Yield

I bought 10000 shares of OUE Hospitality on 5th July 2016. My purchase price was $0.69. Based on my purchase price, my current yield forecast would still be attractive at above 7%. However at the price that i sold, my forecast yield is only 5.91%. This yield is actually not that attractive for a hospitality REIT in my opinion.


We can also compare the dividend yield with it's peers. The current forecast yield seems to be lower compared to others.

Price was based on 9-2-2018's Closing

Fundamental

Next, let's look at it's latest financial result. Here are some points worth mentioning.

6.6% Decrease in DPU for 4Q 
Retail segment is not doing that well
Income available for distribution was $1 million lower than 4Q2016 due to absence of income support. Although revenue was up $0.6 million compared to a year ago,. overall performance was worse!


The NAV is $0.76. The closing price on 9-2-2018 was trading above this value. I am not exactly interested in paying such a high premium for this REIT especially during this market correction.

Premium as in overvalue? The screenshot was taken from OUE-H's presentation slide. 

Gearing seems to be on the high side.

If you are interested to read the financial results, check out their Investor Relations link here.

I have gone through their Presentation Slides and I didn't find any factors that would made me want to stay vested in this REIT. This concludes my blog post on why I sold off OUE Hospitality Trust.

Just a joke. Not hinting anything. 😀

Are REITS getting attractive again?

As a result of the recent market decline, share price of quite a number of stock counters have gone down. REITS's share prices have also started to trend lower. I have consolidated a list of local REITS and calculated their annual dividend yield based on 9-2-2018's closing price. The result is as shown below.

Green - DPU is higher than previous year
Red - DPU is lower than previous year


Results based on 9-2-2018's closing price

I can't guarantee the accuracy of the data. Please check your own sources and perform your own calculations and study the company's fundamentals before making any trade or investment decision. Also take note there could be 3 or 4 interest rate hikes in both 2018 and 2019. So are REITS's share prices and dividend yield currently attractive? I have shown you the data and I will leave the answer to you. 


Next Post: I Sold Off This REIT which Analysts are Bullish On. Link: Here