Ascott Trust is cheap and give 3,98% Dividend today

This REIT has a stable sidewards trend in the last years with a dividend return of more than 4% for a long time.

In corona the dividend lowered and even now gives 3,98%:

https://pasteboard.co/KgiZTqF.png

A rise back to higher levels, with about 0,03 SGD per Quarter or 0,12 SGD, should be possible, which would open the possiblity to 12% of dividend yield return.

Grow of real estate assets is financed with new shares, so the stock price is very stable sidewards without any growth. All profits goes directly in dividend... and bookvalue is stable at about 1.12

https://pasteboard.co/Kgj2gwW.png

So the current price is near book value, which make it a good price right now.

https://pasteboard.co/Kgj3HKY.png

My assumptions are that the dividend on this stock will raise again, which make it even right now an affordable REIT.

The company is stable and has a good outlook.

So I give this stock a long
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