8/29/2023 0 Comments Sso ride through![]() None of the commercial REITs provide any kind of profit-sharing mechanism. The only variable for CREIT is in the size of the special dividend at the end of the year that gives investors a little upside in the form of a small slice of the actual electricity sale profits. Will work-from-home laws change, and how will this impact the demand for office space? Again, CREIT doesn’t care.Īll of its income comes from leasing land to solar power plants, on long-term leases. ![]() I’ve been talking for months about how, compared to its other REIT siblings, CREIT is completely insulated from the vulgar ups and downs of the Metro Manila commercial lease market.ĬREIT doesn’t care. Relative to CREIT's IPO price, the dividend increased CREIT's total stock and dividend return to -11.49%, up from its pre-dividend total return of -13.22%. ![]() The dividend has an annualized yield of 8.42% based on the previous closing price, which is in line with the annualized yield CREIT had prior to the declaration. Citicore Energy REIT declared a Q3/22 dividend of P0.044, payable on January 5 to shareholders of record as of December 9.
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