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Frasers Logistics & Industrial Trust is good value by dividend yield after 2.2% price drop Tuesday August 06, 2019 17:00 SGT

Aug 06, 2019 - News Bites - Asia: Singapore

SINGAPOREAN DAILY STOCK REPORT

Frasers Logistics & Industrial Trust (SI:BUOU), Singapore's 17th largest Real Estate Investment Trust (REIT) by market cap, has dropped 2.71c (2.2%) from its previous trading session to close at SGD1.18. Compared with the Straits Times Index which fell 24.0 points (0.8%) in the day, the relative price change was -1.5%. Frasers Logistics & Industrial Trust's stock is trading at a dividend yield of 4.7. The dividend yield is 1.15 times the sector average of 4.0...