I have nothing against traders but making money by continuously buying and selling stocks is simply not for me. As with common stocks, one can also trade REITs. But I prefer investing in REITs and holding on to them for a long time. All the while collecting the quarterly dividends like clockwork.
CREIT recently released its 1H2022 financial results and it paid out 107% of its distributable income as dividends. While REITs are required to pay out at least 90%, how can CREIT pay out much more than its income?
AREIT was the first listed REIT in the Philippines. It became public in 2020 so the year 2021 would be its first full year of operation as a real estate investment trust. As a shareholder of AREIT, I would like to share some interesting snippets from its 2021 integrated annual report, released last April 21, 2022.