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[ Mon, Dec 02nd 2024 ] - Thomas Matters
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Looking for an ASX dividend stock with a yield of over 10%? I'd buy this one


Published on 2024-12-02 17:01:27 - Thomas Matters, WOPRAI
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  • This stock is offering huge payouts and I like it. The post Looking for an ASX dividend stock with a yield of over 10%? I'd buy this one appeared first on The Motley Fool Australia.

The article discusses the appeal of high-yield dividend stocks, focusing on a specific ASX-listed company, Qualitas Real Estate Income Fund (ASX:QRI), which offers a yield of over 10%. It highlights that while high yields can be attractive, they often come with risks such as potential dividend cuts or company instability. Qualitas Real Estate Income Fund is described as a real estate debt fund that provides loans to property developers, offering a monthly distribution to its investors. The article points out that despite the high yield, Qualitas has a strong track record of paying dividends, with a history of consistent payouts since its inception in 2021. However, it also notes that the fund's performance can be influenced by the real estate market's health, interest rate changes, and the quality of its loan portfolio. The piece concludes by suggesting that while Qualitas presents an attractive yield, potential investors should consider the inherent risks and the fund's strategy before investing.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/lifestyle/misc/looking-for-an-asx-dividend-stock-with-a-yield-of-over-10-i-d-buy-this-one/ar-AA1v8G34 ]
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