Hektar is able to keep the funds to boost their cash flow as well, while shareholders can reinvest dividends in new shares at a 10% discount. Win-win situation
The dividend payment for this REIT is excellent, making it worthwhile to invest in. Additionally, it continues to trade below its net tangible asset. So a positive ROI can be anticipated.
Hektar’s ESG rating on the FTSE4Good was upgraded to 4-star from 3-star in June 2022 due an improvement in governance pillar, reflecting its adoption of best practices for corporate governance and anti-corruption.
Now there are 2 REITs with 4-star ESG rating, it might help to attract foreign funds?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
HosayLiu
283 posts
Posted by HosayLiu > 2022-12-15 11:37 | Report Abuse
looks like big volume queue buying at 68 cents there. Very good. Shop for gifts as well as this REITS too