The way I see it is that buying into REITs such as this one you're not after capital growth but rather the dividend income that it is able to provide. I haven't been able to do a full analysis of CIP yet hence why I don't have a position but based on what i've seen so far, you have a business that holds investments with a decent WALE and cap rates on the lower end of the market (indicating a less risky investment). This will help with them providing consistent dividends to shareholders.
Definitely not an exciting listing in comparison to the huge tech companies but I believe these sort of listings can play a great role in building passive income in the long term
Ann: FTSE EPRA Nareit Global Developed Index Inclusion, page-9
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.01 |
Change
-0.040(1.31%) |
Mkt cap ! $1.911B | |||
| Open | High | Low | Value | Volume |
| $3.06 | $3.09 | $3.01 | $4.358M | 1.440M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15150 | $3.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.02 | 21530 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CIP (ASX) Chart |