Yield Watch:National Day Rally did not materialize
I hope every one had a good national day. National day to me is only good for one thing: Rest from a lot of office work. It doesn’t hold any special meeting for me anymore.
In fact this place, doesn’t really look like what it used to be.
The surprising thing about the REIT scene recently is that they are all holding up well. Ascendas REIT and Parkway Life REIT and CapitaCommercialTrust have been going up for no apparent reason.
Particularly, Ascendas REIT looks like not just a good stock for yield but trading since it keeps oscillating from oversold to overbought and if you are nimble you can trade it.
I run a free Singapore Dividend Stock Tracker available for everyone’s perusal. It contains Singapore’s top dividend stocks both blue chip and high yield stock that are great for high yield investing. Do follow my Dividend Stock Tracker which is updated nightly here.
Related posts:
- National Health Investors’ REIT draws comparison to First REIT in Singapore
- Yield Watch:End of the year rally under way
- Yield Watch: Big Recovery. Picked up ParkwayLife REIT
- Yield Watch:Suntec, Ascendas and M1 at oversold levels
- Yield Watch:Bought K-Green Trust @1.14
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
There are some mistakes in your dividend stock tracker.
For example you state Fraser Commercial has a PTB of 0.2 , yet NAV is 26 cents (http://www.fraserscommercialtrust.com/pdf/3QFY0910%20Financial%20Results.pdf pag.19), therefore with a price of 15 the PTB is 0.6