Dividend increase: Allied REIT

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $46 (Toronto symbol AP.UN; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Units outstanding: 103.9 million; Market cap: $4.8 billion; Dividend yield: 3.5%; Dividend Sustainability Rating: Above Average; www.alliedreit.com) owns 147 office buildings, mainly in major Canadian cities. Most of the properties are… Read More

Their focus on major cities will pay off

RIOCAN REAL ESTATE INVESTMENT TRUST $24.48 (Toronto symbol REI.UN; Units outstanding: 310.5 million; Market cap: $7.5 billion; TSINetwork Rating: Average; Dividend yield: 5.9%; www.riocan.com) owns all or part of 250 shopping centres and other properties across Canada. They include 17 projects now under development. In all, the… Read More

Allied’s new project lands a big tenant

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $42 (Toronto symbol AP.UN; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Units o/s: 103.8 million; Market cap: $4.4 billion; Dividend yield: 3.7%; Divd. Sustainability Rating: Above Average; www.alliedreit.com) owns 147 office buildings, mainly in major Canadian cities.
With the January 2018 payment,… Read More

Focused growth will power these REITs

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $43.94 (Toronto symbol AP.UN; Units outstanding: 100.3 million; Market cap: $4.4 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.6%; www.alliedreit.com) owns 147 office buildings, mainly in major Canadian cities. Most of those are classified as Class I buildings. Together, they comprise… Read More

New projects will lift these REIT distributions

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $43 (Toronto symbol AP.UN; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Units outstanding: 93.0 million; Market cap: $4.0 billion; Dividend yield: 3.6%; Dividend Sustainability Rating: Above Average; www.alliedreit.com) owns 146 office buildings, mainly in major Canadian cities. Together, they comprise over 10.9… Read More

Here’s two buys for yield-seeking investors

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $41.53 (Toronto symbol AP.UN; Units o/s: 93.0 million; Market cap: $3.9 billion; TSINetwork Rating: Extra Risk; Divd. yield: 3.8%; www.alliedreit.com) owns 146 office buildings, mainly in major Canadian cities. Most of those are classified as Class I buildings. Together, they comprise… Read More

Buy either for dependable distributions

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $41 (Toronto symbol AP.UN; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Units outstanding: 93.0 million; Market cap: $3.8 billion; Dividend yield: 3.8%; Dividend Sustainability Rating: Above Average; www.alliedreit.com) owns 147 office buildings, mainly in major Canadian cities. Together, they comprise over 11.3… Read More