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The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks.


  • The stock price has dropped from $46 in March 2022 to $25 in March 2023. Please explain the reason for this significant drop in stock price and what the company is doing to address the issue(s) that caused the drop.

    • TSI Research 

      Prices of many REITs, like Allied Properties REIT, are down lately from their 2022 highs party due to investor worries that interest rates may keep rising.

      Traditionally, REITs, Utilities and so on are said to suffer when interest rates rise—for example, they have a lot of debt, and higher rates make it more expensive to raise money and refinance existing debt. As well, their shares, which typically offer high yields, compete with fixed-income instruments for investor interest.

      However, most Canadian REITs—including Allied Properties REIT–have already taken advantage of today’s low interest rates to refinance a lot of their debt at fixed rates. This helps protect them against increases in interest rates.

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