Is the BHG Retail's 7.2% yield a good buy?

Source: BHG Retail REIT homepage

Key Highlights:

  • BHG Retail is going to trade Ex-dividend

  • The annualised indicative yield is 7.2%

  • Does it worth to buy this dividend stock?

BHG Retail REIT is going to trade ex-dividend after 6th of September. Does it worth to buy the dividend stock or would it be a potential corporate action play?

Perhaps, the insider trading last week could give us some hints on this.

BHG Retail REIT was pop up as the top institution net sell last week.

Source: SGX

One of its top institution investor, China Merchant’s Bank Asset Management has reduced its holdings by almost half last week, which also means that China Merchant’s Bank Asset Management is willing to give up some dividends for the upcoming payout. Its total shareholdings was reduced to 9.3% from 16.74% previously.

Source: Shareinvestor