Monday, February 04, 2008

REITS with good yield and low price

Here are some REITS with good yields and low price to book ratio:


Price Dividend P/BR
31/1 yield
Allco REIT 0.67 11.7% 0.42
Mapletree REIT 0.93 7.9% 1.10
McQuarie Prime 1.05 7.0% 0.91
Suntec REIT 1.50 6.7% 0.73
K-REIT 1.46 6.5% 0.73


A P/BR ratio less than 1.0 means that the price is lower than the book value of the assets. Some of the prices have moved over the past few days. (Note: I have personally invested or plan to invest in some of these REITS).

2 comments:

  1. Allcoreit is now 78 cents. It has gone up 11 cents (more than 15%) over the past few days. Is it still worth buying?

    ReplyDelete
  2. hi,Dr. Tan,

    can i ask you how do you check dividend yield for each stock? i cannot find such info. using yahoo finance
    THANKS

    ReplyDelete