Starhill Global REIT High Dividend Yield Can Buy?

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In the year 2016, I wrote about Starhill Global REIT ( My Dividend Yield of Starhill Global REIT ) giving a dividend yield of 6.56% at the stock price of $0.79. Recently, the share price of Starhill Global REIT has fallen to $0.74. Recently, Starhill Global REIT has announced its 4Q FY16/17 results. Distribution Per Unit has fallen by 8.5% to 1.18 cents compared to a year ago of 1.29 cents.

The annualized distribution per unit for 12  months ended FY16/17 is 4.92 cents compared to 5.18 cents a year ago. Below shows the current share price of Starhill Global REIT. At $0.74 cents, the current dividend yield will be (0.0492/0.74) x 100 = 6.65%. Read More