Get a 5.5% yield from H&R REIT

Get a 5.5% yield from H&R REIT

COVID-19 has hurt cash flow at this REIT and forced a distribution cut. However, the current distributions look sustainable. 

In the meantime, the firm continues to work on future developments that should grow future revenue and cash flow. 

H&R REAL ESTATE INVESTMENT TRUST (Toronto symbol HR.UN; www.hr-reit.com)… Read More

New assets will fuel your distributions

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $41 is a buy. The trust (Toronto symbol AP.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 123.1 million; Market cap: $5.0 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Above Average; www.alliedreit.com) last raised its monthly distribution in January 2020. Investors now receive… Read More

Pfizer’s post-spinoff outlook is brighter

Study after study has shown that after an initial adjustment period of a few months, spinoffs tend to outperform groups of comparable stocks for several years. Still, in looking at two recent spinoff deals, we feel the spinoff of Pfizer’s generic drug business is more… Read More

These REITs weather the COVID-19 storm

Despite COVID-19’s impact on REITs, we continue to like the outlook for these two trusts. Their high-quality properties should continue to attract tenants without having to offer them deep discounts on rent. That should let them maintain their attractive distributions for investors.
CHOICE PROPERTIES REIT, $12.50,… Read More

RioCan REIT offers a high 9.9% yield

RioCan REIT offers a high 9.9% yield

The market plunge in the wake of the COVID-19 crisis lowered prices for most REITs as the pandemic forced many businesses to temporarily close. That hurt rent collection and cut cash available for distributions.

However, this REIT’s distribution payments look secure thanks to high-quality properties… Read More

RioCan’s malls still vital despite pandemic

RioCan’s units have suffered as COVID-19 prompts more consumers to shop online instead of at its malls. However, most of its tenants provide essential products and services. That strengthens the reliability of their rental payments and will let RioCan maintain its current distribution rate.
RIOCAN REAL… Read More