May 2025: New Addition UIBREIT

Dividend came in from Nanofilm, Frencken and Riverstone. Besides, I have bought UIB REIT. This diversifies my dividend sources and importantly, increases my dividend received.

With discovery of high yielding Singapore stocks and sustainable payout, I am now shifting my annual dividend target (for the better, unlike PAP-style goalpost shifting to smoke citizens.)

The dividend target I have set is $100,000. It is an increase from my previous goal of $60,000 because I have bested it due to NTT DC REIT, United Hampshire gains

Dividend (Year to Date)

USD $13,060

HKD $9,068.61

SGD $8,891.20

UHREIT Growing Dividend Every Year: One of the Highest Yield in Singapore

United Hampshire US REIT ("UHREIT") reported a strong 1Q 2026, with distributable income rising 10.0% year-on-year to US$6.9 million,

Taking it on an annual basis, once can expect about US$26.6 million in distributable income. The real distributable income should be about US$27 million, factoring reduced interest rates and acquistions.

At US$0.52 price per unit/market cap $313 million, this points to 8.5% dividend yield

Sustainable yield (below 100% payout ratio), high yield and consumer resilient tenants in supermarkets, this is turning out to be a good REIT. Based on my cost price, I am earning 10% annual yield on cost.

Prices have gone up, but I am still not selling because it gives 8.5% yield. There are rental escalations built in, this means dividend may keep growing annually.

A good REIT many fund managers have not started buying due to their investment mandate of requiring the REIT to be in tracking indexes. This is hindering fund managers. But as retailers, we are able to purchase it easily and earn 8.5% dividend yield. Eventually fund managers will be forced to buy the REIT when volume picks up