Why Mapletree Industrial Trust Is My Favourite REIT of 2024
Mapletree Industrial Trust has been my favourite REIT of 2024. Here are 4 reasons Mapletree Industrial Trust is my favourite REIT of 2024. 1. Reliable stable dividend payouts Mapletree Industrial Trust has been reliably paying out quarterly dividends since 2011 without fail . They have not missed a single dividend payout for almost 14 years. Furthermore, the dividend per share has been increasing almost yearly. You can rest assured of a reliable long-term quarterly dividend payout. This is particularly important as a long-term passive income investor where there's no need to constantly monitor your stocks. 2. Attractive entry point and dividend yield At its current price of $2.21 (as of 16 Dec 2024), you can get a dividend yield of 6.12%. This is significantly higher than what most fixed deposits/bonds are currently offering. Moreover, there is a potential capital gain of 20+% in the long term when the share price goes up to $3 as global interest rates are...