riocan
Toronto symbol REI.UN, is Canada’s largest REIT. It specializes in large, Big Box-style retail shopping centres.
These two REITs hold some of the best properties in Canada’s biggest cities. Those assets should let them keep raising your distributions.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $21 is a buy. The REIT (Toronto symbol AP.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 139.8 million; Market cap: $2.9 billion; Distribution yield: 8.6%; Dividend Sustainability Rating: Above Average; www.alliedreit.com) owns 199 office buildings and 13 properties under development, mainly in major Canadian cities.
With the January 2023 payment, Allied raised your monthly distribution by 2.9%....
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $21 is a buy. The REIT (Toronto symbol AP.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 139.8 million; Market cap: $2.9 billion; Distribution yield: 8.6%; Dividend Sustainability Rating: Above Average; www.alliedreit.com) owns 199 office buildings and 13 properties under development, mainly in major Canadian cities.
With the January 2023 payment, Allied raised your monthly distribution by 2.9%....
BCE INC., $56.28, Toronto symbol BCE, is a buy.
The company is Canada’s largest traditional telephone service provider. It has 2.10 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.34 million high-speed Internet users and 2.72 million TV subscribers (satellite and fibre-optic)....
The company is Canada’s largest traditional telephone service provider. It has 2.10 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.34 million high-speed Internet users and 2.72 million TV subscribers (satellite and fibre-optic)....
In October 2017, RioCan shifted its focus away from Big Box style suburban malls to properties in the downtown areas of six major cities: Toronto, Montreal, Ottawa, Calgary, Edmonton and Vancouver. Those cities now supply 92% of its rental revenue, up from 76% in 2017.
RioCan is also diversifying its operations with new developments that include retail, office and residential space.
We feel the REIT’s new strategy will continue to benefit investors as more and more consumers return to shopping malls in the wake of the COVID-19 pandemic....
RioCan is also diversifying its operations with new developments that include retail, office and residential space.
We feel the REIT’s new strategy will continue to benefit investors as more and more consumers return to shopping malls in the wake of the COVID-19 pandemic....
Allied Properties REIT and RioCan REIT both continue to raise their distributions for investors. And all in all, each trust remains attractive thanks to its high-quality properties and tenants.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST, $21.96, is a buy. The REIT (Toronto symbol AP.UN; Units outstanding: 128.0 million; Market cap: $2.8 billion; TSINetwork Rating: Average; Dividend yield: 8.2%; www.alliedreit.com) creates value for investors through its existing 199 office buildings and 13 properties under development, in major Canadian cities....
ISHARES S&P/TSX REIT INDEX ETF, $16.39, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 16 Canadian real estate investment trusts in the S&P/TSX REIT Index. Investors pay an MER of 0.61%, and the fund gives you a 4.9% yield.
The iShares...
The iShares...
RIOCAN REAL ESTATE INVESTMENT TRUST $20 is a buy. The REIT (Toronto symbol REI.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 300.4 million; Market cap: $6.0 billion; Dividend yield: 5.4%; Dividend Sustainability Rating: Average; www.riocan.com) owns all or part of 191 shopping centres and other properties across Canada, as well as 11 projects under development....
EMERA INC., $57.00, Toronto symbol EMA, is a buy.
The company owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns 100% of Tampa Electric, which provides electricity to more than 765,000 customers. Its other interests include several power plants and natural gas pipelines in the U.S....
The company owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns 100% of Tampa Electric, which provides electricity to more than 765,000 customers. Its other interests include several power plants and natural gas pipelines in the U.S....
Thanks to the re-opening of offices and shopping malls with the end of COVID-19 restrictions, these two REITs are rewarding investors with higher distributions.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $28 is a buy. The REIT (Toronto symbol AP.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 128.0 million; Market cap: $3.6 billion; Distribution yield: 6.4%; Dividend Sustainability Rating: Above Average; www.alliedreit.com) owns 200 office buildings and 13 properties under development, mainly in major Canadian cities.
Starting with the January 2023 payment, Allied raised its monthly distribution by 2.9%....
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $28 is a buy. The REIT (Toronto symbol AP.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 128.0 million; Market cap: $3.6 billion; Distribution yield: 6.4%; Dividend Sustainability Rating: Above Average; www.alliedreit.com) owns 200 office buildings and 13 properties under development, mainly in major Canadian cities.
Starting with the January 2023 payment, Allied raised its monthly distribution by 2.9%....
ISHARES S&P/TSX REIT INDEX ETF, $18.40, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 18 Canadian real estate investment trusts in the S&P/TSX REIT Index....
TSX blue chip stocks are well-established companies with attractive business prospects and trading on the Toronto Stock Exchange.