N
Sep 14 at 03:17 PM
$CSOP iEdge SREIT ETF S(SRT.SG)
Context: Bought more CSOP SRT Reit index ETF during the recent dip as interest rate hikes threaten the profitability of reit holdings. Besides, SG dividends are not subjected to any tax files which is great for investors.
My Trade: Added to my position to build a long term passive income stream with about 6% dividend yield while having a large basket of different sectors of Reits to hedge against.
Takeaway: The cyclical cycle of interest rates come and go every few years. Reits are great for income investing, as they are required to pay out 90% of taxable income each year to investors. With SRT holding fundamentally strong SG reits, and providing a consistent dividend payout every year, I think this is a good chance to accumulate more. @Captain's Treasure
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.