Also, the fund began trading on 12 March 2013 and closed the quarter as of 31 December 2017 with an inception-to-date
cumulative total return of 34.9%.
Lim Say Cheong, head of investment banking, said: "The fund has registered an outstanding
cumulative total return of close to 11 per cent since inception and we are proud to announce this year's dividend payout.
According to Marc Nemer, head of Cole Real Estate Investments Inc, which in turn is the parent of CCPT IIa[euro](tm)s sponsor and manager, the proposed move represents a positive
cumulative total return on stockholdersa[euro](tm) investment.
REIT stocks have posted a
cumulative total return of 134 percent since the beginning of 2000, well ahead of other major market benchmarks.
When we reviewed the index in our April 2000 issue, the undisputed leader was the DEM Equity Investor fund (DEMEX), which produced a
cumulative total return of 90.19% for the six months ending December 31 and a staggering one-year total return of 113.61%.
For all five years, it outpaced both the S&P 500 and the S&P Electronics Index, but in 1995 it hit a spectacular peak: $2,548 of
cumulative total return. The following year it dropped to $757, then rebounded to $1,480 in 1997.
The rules require a performance graph of the
cumulative total return to shareholders (stock price appreciation plus dividends) during the previous five years in comparison to returns on a broad market index (such as the Standard & Poors (S&P) 500) and a peer group index (such as the S&P Retail Index, depending on the company's line of business) or a peer index constructed by the company.
To chart the requisite annual changes in
cumulative total return, the company should calculate the fluctuations in the dollar value of a hypothetical investment made at the beginning of the five-year period, or "measurement point," in a class of its registered common stock and in each of the two comparative indices.
This represents a 6.3% distribution and is the seventh consecutive quarterly distribution, the fund said adding that it began trading on 17 April 2015 and closed the quarter as of 31 December 2017 with an inception-to-date
cumulative total return of 24.3%.
(*) Ranked by
cumulative total return as of 6/30/00