There are too many articles on reits and their rights issues recently. May be after reading all these articles, some of us may become more confused over the issues. Actually, there is only one issue here with reits and their rights issues. How you initially react when you first hear the news of your reit announcing rights issue?
Did you say knn? Did you say sianz? Did you struggle to get money to participate? Did you sell the nil-paid rights because you have no more cash to participate?
Yes to any of the above questions; then reits may not be the right dividend play stocks for you. Look elsewhere. The market is never short of good yield stocks. Only you are short of patience and gut.
End of Year 2024 Update: Buying more Business Trust and REIT For Dividend
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As said in my past posts, it is likely I would purchase more Asia Pay TV
Trust (APTT). I did just that. Other purchases were UnitedHampshire REIT
and Yan...
4 hours ago
Hi bro8888,
ReplyDeleteYour 'reit' is spelled wrongly in some parts, including the title.
Thanks Brother.
ReplyDelete