Extendicare Inc. maintains revenue and occupancy strength

Extendicare Inc. maintains revenue and occupancy strength

This firm’s revenues rose 2.3% during the most-recent quarter, even as COVID-19 raised investor worries about the outlook for it and other long-term-care providers.

The company’s cash flow did dip 7.9% on higher maintenance spending, but occupancy levels remain strong.

EXTENDICARE INC. (Toronto symbol EXE; www.extendicare.com) owns… Read More

These picks are supported by government

Both Calian and Extendicare have a major plus on their side during this time of COVID-19 uncertainty. Specifically, the two get most of their revenue from governments. For Calian, revenue generated from various departments and agencies of the Canadian federal government currently represents about 69%… Read More

These high-yield dividends still look solid: Allied Properties Real Estate Investment Trust and Extendicare Inc.

COVID-19 has increased the possibility that these two high-yielding stocks could cut their dividends. While that’s always a possibility, we feel their payments are secure for now.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $40 is a buy. The REIT (Toronto symbol AP.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector;… Read More