Spinoffs tend to work out well, as investors gemerally prefer “pure-play” companies that focus on a single business. H&R’s spinoff of its retail properties as Primaris has enhanced its appeal and is behind our decision to name H&R as a top pick for 2022. In… Read More
The market plunge at the start of the COVID-19 crisis lowered the unit price of most REITs. That’s because the pandemic forced many businesses—and REIT tenants—to temporarily close. However, as the pandemic wanes, the economy is normalizing. That will let these two REITs maintain, or… Read More
The market plunge at the start of the COVID-19 crisis lowered the unit price of most REITs. That’s because the pandemic forced many businesses—and REIT tenants—to temporarily close.
However the economy is normalizing as the pandemic wanes. That should allow this REIT to maintain or… Read More
KELLOGG COMPANY, $70.72, symbol K on New York, is a major maker of food products in North America and the rest of the world. Its well-known brands include Pringles, Special K, Pop-Tarts, Rice Krispies, Eggo, MorningStar Farms, and many more.
On June 21, 2022, Kellogg announced… Read More
These two REITs are shifting their focus to more-profitable properties. That bodes well for future distribution increases.
H&R REAL ESTATE INVESTMENT TRUST $12 is a top pick for 2022. The REIT (Toronto symbol HR.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 279.1 million; Market cap: $3.3 billion;… Read More
JAMIESON WELLNESS INC., $36.12, symbol JWEL on Toronto, produces health and wellness products under several brands including Jamieson Vitamins, Iron Vegan, Progressive, Precision, and Smart Solutions. Established in 1922, the company’s products are distributed to over 10,000 retail locations across Canada. They’re also sold online… Read More
There are three common ways to open a Registered Retirement Savings Plan (RRSP), but most people want to know first: “how much can I contribute to a RRSP?”
So you’re wondering, “How Much Can I Contribute to a RRSP?” Great question! Let’s talk about what RRSPs… Read More
The outbreak of COVID-19 and a weakening global economy sharply slowed air travel volumes and demand for new planes in both 2020 and 2021. However, the outlook for CAE—a leading provider of flight simulators and pilot-training services—remains bright.
Airlines and their service providers still face challenges… Read More
PRIMARIS REIT, $14.56, is a buy. The trust (Toronto symbol PMZ.UN; units o/s: 101.4 million; Market cap: $1.5 billion; TSINetwork Rating: Average; Yield: 5.5%; www.primarisreit.com) owns 35 enclosed and open air shopping malls in Canada. The occupancy rate is 89.1%.
In January 2022, unitholders of H&R REIT (see left)… Read More
PRIMARIS REAL ESTATE INVESTMENT TRUST $15 is a buy. The REIT (Toronto symbol PMZ.UN; Manufacturing sector; Units outstanding: 98.3 million; Market cap: $1.5 billion; Distribution yield: 5.3%; Takeover Target Rating: Medium; www.primarisreit.com) owns 35 enclosed and open-air shopping malls in Canada. The occupancy rate is 89.1%.
H&R REIT (Toronto symbol… Read More