A17U dividend calculator – CapitaLand Ascendas REIT Announces 0.06141 Cash Dividend

Dividends Yield

On May 25 2023, CapitaLand Ascendas REIT announced a 0.06141 cash dividend for its shareholders. This marks the fourth consecutive year of CAPITALAND ASCENDAS REIT ($SGX:A17U) declaring a steady annual dividend of 0.15 SGD per share over the past three years, delivering an average dividend yield of 5.37%. The ex-dividend date for this dividend is May 23 2023, so investors wishing to receive this dividend need to buy the stock before that date. If you are looking to generate a reliable income stream from your investments, this might be a stock worth considering.

Share Price

The stock opened at SG$2.7 and closed at the same price, down by 2.5% from its prior closing at SG$2.8. This came as a surprise to many investors who were expecting a growth in the price of the REIT. Moreover, the trust’s portfolio also includes some properties that are facing weak demand due to the pandemic. Despite this, the 0.06141 cash dividend is still a positive sign for investors.

It is likely to improve sentiment around the REIT compared to other trusts in the market. This could lead to a rebound in the stock’s price over the long-term. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for A17U. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for A17U. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for A17U. More…

Key Ratios Snapshot

Some of the financial key ratios for A17U are shown below. More…

Analysis

GoodWhale is proud to present our analysis of CAPITALAND ASCENDAS REIT’s wellbeing. Based on our assessment, we have given it a low risk rating. This indicates that CAPITALAND ASCENDAS REIT is a low-risk investment with regards to financial and business aspects. However, we have also detected one risk warning in its balance sheet. If you are interested in learning more about the details of this warning, you can become a registered user of GoodWhale and access the full report. More…

Peers

CapitaLand Ascendas REIT is one of the leading industrial real estate investment trusts (REITs) in Asia, with a portfolio of 176 industrial properties across 10 countries. The REIT is listed on the Singapore Stock Exchange and is a component of the Straits Times Index. CapitaLand Ascendas REIT’s competitors include Mapletree Industrial Trust, ESR LOGOS REIT, and BWP Trust.

– Mapletree Industrial Trust ($SGX:ME8U)

Mapletree Industrial Trust is a Singapore-based real estate investment trust (REIT) that focuses on industrial properties in Singapore, Hong Kong, and China. As of December 31, 2020, the trust owned 59 properties with a total gross floor area of approximately 23.7 million square feet.

– ESR LOGOS REIT ($SGX:J91U)

ESR Logos REIT is a Japanese real estate investment trust that focuses on logistics properties. As of March 31, 2022, the company had a market capitalization of 2.35 billion yen.

– BWP Trust ($ASX:BWP)

BWP Trust is a real estate investment trust that owns, operates, and develops a portfolio of retail, office, industrial, and residential properties in the United States. As of December 31, 2020, the company owned and operated 1,285 properties comprising approximately 167 million square feet of gross leasable area. BWP Trust is headquartered in Boston, Massachusetts.

Summary

CAPITALAND ASCENDAS REIT is a real estate investment trust which provides stable returns in the form of dividends. From 2020 to 2022, the company has consistently declared a dividend of 0.15 SGD per share, resulting in an average dividend yield of 5.37%. As such, CAPITALAND ASCENDAS REIT proves to be a good investment option for those looking for a steady passive income.