Q&ACategory: Dividend StocksAscendas REIT dividend yield and PB
Candy Lee asked 3 months ago
Hi Rusmin I've plotted Ascendas REIT's dividend yield and PB ratio.  Can I surmise from my charts, that when it hits yield of 6.1-6.4 it will be a good time to enter?  As yields in 2016/2017 were so high that they have not been reached in recent years.  As for PB, anything below the avg of 1.22 would be a good buy?  Am I reading it correctly? 
1 Answers
Rusmin Ang Staff answered 3 months ago
Hi Candy, Yep, I agree with your observation! I'll probably wait for 6.5% to 7% yield personally.