Lopazz's Wallet

[Jerome]

Thanks for the info. It's interesting but it's outside of my three existing strategies. But it gives me some food for thought for the future... consider a strategy based on REITs and/or MLPs. It will nevertheless require a bit of research/design and implementation work. So it's music for the future.

FYI I added BNS to the Global Dividend Growers.

A++

[Jerome]

I am also interested in real estate securities. I have two questions that you could perhaps answer or give your opinion on:

 

1. How are dividends from US REITS taxed for shareholders in Switzerland? Is this the same as the taxation of “ordinary” dividends?

 

2. I am interested in Swiss real estate companies such as Warteck, Intershop or Swiss Prime Site? Their dividends are regular, the yield is between 4% and 6% and the betas all <0.6. These companies seem to me to be rather good deals, but possibly an increase in mortgage rates could make their prices even more attractive. What do you think?

 

Jean-Louis

[Lopazz]

jean-louis said
I am also interested in real estate securities. I have two questions that you could perhaps answer or give your opinion on:

 

1. How are dividends from US REITS taxed for shareholders in Switzerland? Is this the same as the taxation of “ordinary” dividends?

For Swiss shareholders I don't know, but in France they are taxed identically, so certainly the same way in Switzerland.

 

2. I am interested in Swiss real estate companies such as Warteck, Intershop or Swiss Prime Site? Their dividends are regular, the yield is between 4% and 6% and the betas all <0.6. These companies seem to me to be rather good deals, but possibly an increase in mortgage rates could make their prices even more attractive. What do you think?

For tax reasons I do not invest in Switzerland: the withholding tax of 37.5% for a French tax resident is much too high for my taste. I cannot advise you on these securities.

Jean-Louis

 

[guy71]

Good morning,

I had posted a comment dated March 25, 2013 in this topic but it concerned the Swiss Re dividend.
The dividend is tax-free (no 35% withholding tax), I think it will be the same for this year.

 

My question is:
Do you think that the regular dividend of 2014 will be supplemented by a special dividend as was the case in 2013? I did some research on the internet and the Agefi website talks about a new special dividend for this year 2014 while the Swiss Re website indicates that the 2013 dividend was an exception and will not be renewed.

 

Swiss Re's annual results will be published tomorrow, February 20, we should know a little more. But it might be a good idea to invest in the stock before the figures and dividend are announced.

 

Hoping someone can answer me.

 

Greetings

 

Guy

[Author]

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