First REIT has just declared its distribution for 4Q2011 at 1.93 cents per unit that will be payable on 29 Feb 2011. First REIT's dividend or distribution history for the past few years are as follows:
2009
1Q - 1.88cents
2Q - 1.92 cents
3Q - 1.90 cents
4Q - 1.92 cents
2010
1Q - 1.90cents
2Q - 1.92 cents
3Q - 1.94 cents
4Q - 1.96 cents (including rights issue, otherwise 0.87 cents)
2011
1Q - 1.58cents
2Q - 1.58 cents
3Q - 1.92 cents
4Q - 1.93 cent
The distribution for 4Q 2011 includes distribution coming out of portion of the gains on divestment of the Adam Road property in 1Q 2011.
As of Jan 2012, First REIT has a total of 5 hospital properties in Indonesia, 1 hotel and country club in Indonesia, 3 nursing homes in Singapore and 1 hospital in South Korea. It is targeting to increase its asset base to S$1 bil in the next 2 to 3 years.
A blog about investments, financial news, stocks, unit trusts, REITs, bank deposit rates and great investors who live in Singapore like Jim Rogers. Nothing herein constitutes or should be construed to constitute any (i) offer, advice, invitation or solicitation from me to buy or sell any investments, securities or other financial products, (ii) invitation or inducement to engage in investment activities or financial promotions of any kind or (iii) investment advice or recommendation.
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