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In my opinion, Cambridge Industrial Trust is a wonderful company. So far it has been giving good dividends ranging between 0.01 to 0.02 cents every quarter. Even during the recession period at year 2008, the dividends given are still very good. At the current price of about $0.40, its yield is about 10% per year.
From the company website, CIT invests in industrial properties such as logistics, storage and warehousing, manufacturing and showroom facilities all located across Singapore’s key industrial zones. With this strong fundamental and high occupancy rate, I believe that this company will continue to do well.
Click here to see my other choice of stocks/ETFs.
4 comments:
Hi just stumbled on your blog... I was intrigued by your choice of CIT. 10% yield is high by REITs standards. Currently I noticed CIT is at S$0.495. Do you think this is still a good price to enter and buy? Also I had been looking at CapitaChina Commercial Trust. What do u think of this REIT?
Hi Wee,
In my opinion, for CIT, price below $0.50 will be a good buy to me. I have no comment about CapitaChina Commercial Trust, but I will try to stay away from all the stocks that focus only in China.
Regards
Hi, Professional
Thank you for so many info. Very good.
My Question is Singtel using OA , i saw from weekly magazine that last drop was in May 10. How fast can we sell singel? cause from May 10 it rise back to earlier part of the year.
Please advise. hw98290601@gmail.com
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