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Dividends of reits are not required to submit/report to LHDN. The 10% reit tax has been deducted from the declared dividends before credited to the shareholders bank accounts. You would receive the dividend statement from the listed company each dividend payment.
Sunway REIT’s track record in the retail sector is impressive, with an average occupancy rate above 95% over the past five years — significantly outperforming the national average of 77%.
This exceptional performance underpins the refined Transcend 2027 strategy, which focusses on maximising retail strength.
Moreover, Sunway REIT has maintained high occupancy rates without sacrificing rental growth.
In 1H24, the retail segment saw rental
reversions in the teens, supported by a positive market outlook and strong
Demand.
YTL REIT’s adjusted unit price rose from 72.6 sen as at end-March 2021 to 83.3 sen as at end-March 2022 and 87.3 sen as at end-March 2023.
From there, it gained 37.5% year on year to RM1.20 as at end-March 2024.
This brought the three-year compound annual growth rate (CAGR) of its total shareholder return to 18.3% per year during the BRC awards evaluation period between end-March 2021 and end-March 2024.
