The offer period runs from February 2 through February 8, with payments for allocations requested through PSE EASy due by noon on February 8. PSE EASy maximum: The PSE approved a maximum PSE EASy subscription request of 392,000 shares, which at P2.55 per share is a P999,600 order. Dividends: The company dropped its offer price to P2.55/share to bump its implied 2022 dividend yield up to 7.0%. To get into the Filinvest REIT [FILRT 7.53 1.05%] range (5.80%), CREIT’s stock would need to jump to P3.10. The RL Commercial REIT [RCR 8.06 4.05%] and Megaworld REIT [MREIT 22.00 2.22%] level of around 4.30% would require CREIT’s price to hit around P4.22/share.

Source: Philippine Star February 03, 2022 00:49 UTC