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  1. #10
    ShareTrader Legend Beagle's Avatar
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    Jul 2010
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    Quote Originally Posted by KW View Post
    Even better, the listed trusts usually also suffer a P/E contraction along with the general market, pushing their yields up. It is often a good chance to buy them cheap, in order to get more cashflow in the future. I think most of my REITs are currently delivering 14-28% yields now on my buy price a few years ago. Keep reinvesting the cash, and the magic of compounding does the rest.
    Yes we've seen that with Goodman property trust which for no reason has been beaten back to trade slightly under NTA and showed a fully tax paid dividend yield of 6.5% based on my recent extry price. They're only distributing about 80% of their profit so the gross dividend yield for those on a 33% tax rate here at 9.7% understates their true earnings. Developments of their land bank are progressing well.

    Would you please be so kind as to share your two most preferred Australian REIT's together with their current yeilds based on current pricing, that would be most appreciated.
    Last edited by Beagle; 28-04-2014 at 10:36 AM.

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