Dividends from Lion-Phillip S REIT ETF and NikkoAM-StraitsTrading Asia ex Japan REIT ETF in 2021

In 2020, I published a post on the dividend from Lion-Phillip S REIT ETF and NikkoAM-StraitsTrading Asia ex Japan REIT(“NASTA”) ETF. Just to recap, the dividend from Lion-Phillip S REIT ETF was 4.99 cents, while that for NSATA ETF was 5.78 cents in 2020.

Having owned both ETFs, it would be good to look at their dividends and see which one has a higher dividend yield in 2021.

Lion-Philip S REIT ETF

The total AUM of Lion-Philip S REIT ETF has increased from SGD 191.4million in Q4 2020 to SGD 223.9million based on the latest figure published in the October 2021 newsletter. There’s seems to be a new REIT being added to the ETF in Q3 2021, as the previous quarter newsletter only quoted 26 S-REITS. The October newsletter indicated 27 S-REITS. From the composition table, it is quite hard to tell what is the new REIT being added.

Source: Lion-Philip S REIT ETF Q3 2021 Newsletter

As at 5 Oct 2021, the price of Lion-Phillip S REIT ETF is ($1.055) is around 8% below the 52 week high of $1.149.

NikkoAM-StraitsTrading Asia ex Japan REIT ETF

Based on the latest indicative holdings published at the website, around 26% of the REITS (based on the SGD market value) are not listed in SGX. The total AUM is SGD 319.64 million. In terms of sectoral weightage, both retail and industrial REITS account for at least 30% of the funds.

Source: NikkoAM ST Asia REIT ETF August 2021 Factsheet

As at 6 Oct 2021, the price of NikkoAM ST Asia REIT ETF is ($1.066) is around 9% below the 52 week high of $1.175.

2021 Distributions and Dividend Yield

Payment DateDistribution (SGD)
27 Aug 20210.0092
27 Aug 20210.0026
27 Aug 20210.0122
26 Feb 20210.0042
26 Feb 20210.006
26 Feb 20210.0138
Total0.048
Dividends from Lion-Phillip S REIT ETF

In 2021, the total dividends from Lion-Phillip S REIT ETF is 4.8 cents. This is 3.8% lower than the 4.99 cents declared in 2020. Based on the trading price of $1.055, the dividend yield of Lion-Phillip S REIT ETF is 4.5%.

Payment DateDistribution (SGD)
03 Nov 20210.0125
04 Aug 20210.003416
04 Aug 20210.002237
04 Aug 20210.001551
04 Aug 20210.004297
05 May 20210.00338
05 May 20210.003077
05 May 20210.002778
05 May 20210.002365
04 Feb 20210.001668
04 Feb 20210.004769
04 Feb 20210.004763
Total0.046801
Dividends from NikkoAM ST Asia REIT ETF

In 2021, the total dividends from NikkoAM ST Asia REIT ETF is 4.68 cents. This is 19% lower than the 5.78 cents declared in 2020. Based on the trading price of $1.066, the dividend yield of NikkoAM ST Asia REIT ETF is 4.39%.

Thoughts

Retail and industrial sector REITs account for at least 30% of the ETFs. The price of both REITS ETF does not appreciate much in 2021. But if you have bought them at 52-week low, then you would have gotten more than 10% return in 2021.

From the 2021 dividend yield, it would seem that a pure SG REIT ETF is more resilient in terms of dividend payout when looking at the dividend yield of both ETFs.

As Mr Buffet once said, be greedy when others are fearful, and fearful when others are greedy. The recent sell-off in the market may be a good buying opportunity to accumulate more units of the ETFs.

Author: Ci2fi

Average salaried man exploring the ways towards financial independence.

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