RE:Dividend Safe?Despite Cdn home sales being down over 20% in Q2, and it being a seasonally slower period, the company generated 46c in distributable cash flow. This compares to the 34c paid in dividends in the quarter - a payout of 73%. This tells you the dividend is very safe. The fees that BRE earns are very stable, and likely to rise over time as the population of Canada grows and new home construction continues.