|Bid||3.4900 x 0|
|Ask||3.5000 x 0|
|Day's range||3.4600 - 3.5400|
|52-week range||3.0200 - 3.7500|
|Beta (3Y monthly)||0.93|
|PE ratio (TTM)||9.02|
|Earnings date||12 Nov 2019 - 18 Nov 2019|
|Forward dividend & yield||0.12 (3.40%)|
|1y target est||4.07|
These three REITs had recently conducted secondary share placements in order to drive growth in their asset bases and rental income.
These three Singapore-listed REITs could reward unitholders by making yield-accretive acquisitions and they have the firepower to do it too.
Most of the city’s land is owned by tycoons and developers with sway over government policies. Singapore, which has less land, has none of these problems. More than 90 per cent of Singaporean households own homes, of which 80 per cent were government provided on generous terms.
Forbes Asia’s maiden "Best Over A Billion" list features eight Singapore-listed companies. Here are the top five dividend yielders from that list.
SINGAPORE (Aug 21): CapitaLand, South-east Asia’s largest property group, is expected to have a better 2H19 now that assets under management have expanded to $129.1 billion after the acquisition of Ascendas-Singbridge (ASB). On Aug 12, CapitaLand reported lower profit after tax and minority interest (Patmi) for both 2Q19 and 1H19 ended June compared to a year ago, after the developer incurred a one-off transaction cost of $36 million for the ASB acquisition in 2Q19. Meanwhile, operating Patmi for 1H19 and 2Q19 fell 14.9% and 8.4% respectively, due to lower contribution from residential projects in Singapore and China, where fewer units were handed over compared to the same period a year ago.
* Singapore shares hit their highest in a week * Investors await minutes of Fed July meet due on Wednesday * Philippine stocks down 1.2% By Niyati Shetty Aug 20 (Reuters) - Most Southeast Asian stock markets eked out gains on Tuesday as global policymakers step in to support their economies, in a bid to stave off a sharp economic slowdown, boosting riskier assets. The Singapore bourse extended gains to its highest in a week, boosted by real estate stocks. Capitaland Ltd and Hongkong Land Holdings Ltd were among the top gainers in the index, rising 1.7% and 2.3%, respectively.
SINGAPORE (Aug 14): CapitaLand announced Wednesday it will invest $5 million over two years to build up the digital competencies of more than 2,600 employees. The real estate group says its intention is to develop a “competent, adaptable and future-ready workforce of knowledge workers”. Under the Building Capacity Framework, all CapitaLand staff in Singapore will go through at least one digital-related training by next year.