BMGU stock dividend – BHG Retail REIT Announces 0.0041 Cash Dividend
March 19, 2023
Dividends Yield
This marks the fourth consecutive year of dividend payments for the company, as dividends per share of 0.02, 0.02 and 0.03 SGD have been issued in the last 3 years, resulting in average dividend yields of 3.84%, 3.84% and 4.32%. This equates to an average dividend yield of 4.0%. If you are looking to invest in dividend stocks, BHG RETAIL REIT ($SGX:BMGU) is worth considering, with the ex-dividend date being March 3 2023. As an investor, you would need to purchase the stock before this date in order to be eligible for the upcoming dividend payment. The company also has a relatively low payout ratio, meaning there is potential for further dividend increases in the future.
With the announcement of this latest dividend payment, investors can look forward to a stable income stream from BHG RETAIL REIT. The company is committed to providing shareholders with a regular and sustainable dividend income stream. With this in mind, it is certainly worth taking a closer look at this REIT as a potential investment opportunity.
Share Price
BHG stock opened at SG$0.5 and closed unchanged at the same price. It is managed by BHG Retail REIT Management Pte. Ltd., part of the BHG retail group. However, investors remain confident that the REIT will continue to have stable returns in the long run. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for BMGU. More…
| Total Revenues | Net Income | Net Margin |
| 71.88 | 7.2 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for BMGU. More…
| Operations | Investing | Financing |
| 22.28 | -3.25 | -32.84 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for BMGU. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.02k | 382.23 | 0.88 |
Key Ratios Snapshot
Some of the financial key ratios for BMGU are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 55.3% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – BMGU Intrinsic Value Calculator
At GoodWhale, we have been analyzing financials of BHG RETAIL REIT and have come to the conclusion that the fair value of its shares should be around SG$0.3. This calculation is based on our proprietary Valuation Line. However, at present, BHG RETAIL REIT stock is traded at SG$0.5, which is overvalued by 81.2%. More…
Peers
The competition between BHG Retail REIT and its competitors, Charter Hall Retail REIT, Vastned Belgium, and Federal Realty Investment Trust, is fierce. Each company is constantly striving to outperform the others in terms of leasing retail space, market share, and capital returns. As the competition continues to increase, all of these companies are looking to innovate in order to remain ahead of the curve.
– Charter Hall Retail REIT ($ASX:CQR)
Charter Hall Retail REIT is a real estate investment trust (REIT) that focuses on investing in and owning retail properties in Australia. The company has a market capitalization of 10.9k as of 2023, giving it a value of over $2 billion. Charter Hall Retail REIT is focused on providing investors with attractive, stable income streams and capital growth potential through the ownership of quality retail assets. The company’s portfolio is made up of convenience-based neighbourhood centres and large-format power centres, located primarily in major population centres throughout Australia. The trust offers investors a diversified portfolio with exposure to a mix of tenants and retail formats, along with the security of long-term leases, strong tenant covenants and inflation linked rent reviews.
– Vastned Belgium ($BER:IJX)
Vastned Belgium is a real estate company that owns retail properties in Belgium and the Netherlands. It has a market cap of 153.37M, making it one of the largest publicly traded real estate companies in Belgium. The company’s portfolio consists of 67 retail properties and seven commercial offices, mostly located in shopping centers and retail parks. It mainly focuses on high-end retail locations in the most affluent areas of Belgium and the Netherlands. Its properties are leased to a variety of tenants, including international and local fashion retailers, restaurants, and other lifestyle retailers. Vastned Belgium also provides property management services for its tenants.
– Federal Realty Investment Trust ($NYSE:FRT)
Federal Realty Investment Trust (FRT) is a publicly-traded real estate investment trust that specializes in owning and operating shopping centers and mixed-use properties. As of 2023, the company has a market cap of 7.47B and is a leader in the development, redevelopment and management of high-quality retail real estate in the United States. FRT has an impressive portfolio of over 150 properties, some of which include Woodmont Corner Shopping Center in Maryland, Fairlane Town Center in Michigan and Santana Row in California. With nearly 80 years of experience, FRT is a recognized leader in the industry and continues to deliver value to its investors through a portfolio of well-located, high-quality assets and a disciplined focus on growing rental income.
Summary
Investors interested in BHG RETAIL REIT can take advantage of a solid dividend yield. Over the last 3 years, the company has issued dividends per share of 0.02, 0.02 and 0.03 SGD, resulting in average dividend yields of 3.84%, 3.84% and 4.32%. This works out to an impressive average yield of 4.0%. When considering investments, investors should also look at the company’s financials and compare them to other industry peers.
Additionally, the current market sentiment should be taken into consideration when deciding whether or not to invest in BHG RETAIL REIT.
