BTB Real Estate Investment Trust T.BTB.DB.G

Alternate Symbol(s): BTBIF | T.BTB.DB.H | T.BTB.UN

Real Estate REIT - Diversified

BTB Real Estate Investment Trust (the Trust) is a Canada-based real estate investment trust (REIT). The Trust’s primary objective is to maximize total return to unitholders, to generate stable monthly cash distributions that are reliable and fiscally beneficial to unitholders, to grow the Trust’s assets through internal growth and accretive acquisitions, and optimize the value of its assets through dynamic management of its properties to maximize their long-term value. The Trust invests in industrial, off-downtown core office and necessity-based commercial properties across Canada for the benefit of its investors. The Trust owns and manages approximately 75 properties, representing a total leasable area of approximately 6.1 million square feet. The Trust operates through three segments, which include Industrial, Off downtown core office and Necessity-based retail. The Trust’s operations are located in the provinces of Quebec, Ontario, Alberta and Saskatchewan.

TSX:BTB.DB.G - Post by User

BTB Real Estate Investment Trust > payout ratio up 10% to 87.4 on AFFO

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Comment by dileas48son Nov 08, 2021 10:01pm

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Post# 34103083

RE:payout ratio up 10% to 87.4 on AFFO

I suspect near term interest hikes will have limited impact to their mortgage interest. In Q3 they reduced debt slightly but of course made the acquisition since then.

The payout is high and there is certainly risk of a dividend cut, but as the COVID situation improves other catalysts may positively make an impact.

perplexed01 wrote: anyone else alarmed by the rising payout ratio? " any further increase (rising interest rates will increase costs) and the current reduced dividend will no longer be sustainable. waiting to see what analysts say - both professional and armchair.

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