Enjoy a 5.1% yield with RioCan REIT

Enjoy a 5.1% yield with RioCan REIT

This REIT mainly operates retail malls, which suffered at the height of the COVID-19 lockdowns of 2020. As a result, the REIT cut its distributions by a third.

However, most of its tenants have re-opened their stores and the trust is once again raising its… Read More

9 keys to picking the best Canadian REITs

9 keys to picking the best Canadian REITs

Look for Canadian REITs that meet these 9 key criteria
Top-quality Canadian REITs are among the most stable and highest-yielding real estate investments. That’s because many REITs hold high-quality, non-depleting assets, and have taken advantage of low interest rates to lock in financing costs for long… Read More

Get a 5.3% yield from Allied Properties REIT

Get a 5.3% yield from Allied Properties REIT

The re-opening of offices as COVID-19 restrictions eased helped boost the occupancy levels—and cash flow—of this REIT. That should also allow it to maintain its current distributions.

The stock trades at 15.4 times the company’s 2022 cash flow forecast.

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST (Toronto symbol… Read More

Q: Hello. I would be interested in your thoughts on Chartwell Retirement Residences. I read they are moving out of long-term care. Thanks.

A: Chartwell Retirement Residences, $11.04, symbol CSH.UN on Toronto (Units outstanding: 234.7 million; Market cap: $2.6 billion; www.chartwell.com), is a real estate investment trust that is now focused on retirement homes.

The company is the largest owner and operator of seniors’ residences in Canada. It owns… Read More

New properties should spur their distributions

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

Our stock updates help protect your gains

CROCS INC. $52 is a hold. The company (Nasdaq symbol CROX; Consumer sector; Shares outstanding: 61.6 million; Market cap: $3.2 billion; No dividend paid; Takeover Target Rating: Medium; www.crocs.com) makes casual footwear for men, women, and children. It is best known for its molded shoes featuring Croslite, a non-toxic… Read More