A bargain income ETF with some capital gains potential

2020년 11월 17일

I discovered this REIT ETF a while back during the March crash and it looks like the dividend yield is pretty good. Prior to the crash, the ETF paid a monthly dividend of 10¢ per month ($1.20 per share annually). After the crash, the dividend reduced to 6¢ a month due to the disruption of businesses closing and not paying rent. As a result, the price dived to half its value. But this ETF is more than just the value of its dividend as it must also retain capital value of the buildings themselves, right?

When the economy fully recovers I expect the dividend to fully restore as well, and thus the price will also recover. If you buy in now, your effective dividend yield would also increase (likely in the 12-15% range). Do you think SRET is a good buy?