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Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

Alternate Symbol(s):  T.MRT.UN | MGRUF

Morguard Real Estate Investment Trust is a Canada-based closed-end real estate investment trust. The Company provides real estate advisory services and portfolio management services, specializing in publicly traded equities and fixed-income securities, to institutional clients and private investors. The Company owns a diversified portfolio of 46 retail, office and industrial income-producing properties in Canada consisting of approximately 8.2 million square feet of leasable space. It owns and manages a diversified portfolio of office, industrial, retail, multi-suite residential and hotel properties in North America. It is a significant sponsor of two real estate investment trusts (REITs): Morguard REIT, a closed-end Trust with a diversified portfolio of Canadian commercial real estate assets; and Morguard North American Residential REIT, an open-end Trust with a diversified portfolio of multi-suite residential assets across North America.


TSX:MRT.DB.A - Post by User

Comment by Shirtlessnomoreon Jul 29, 2021 3:47pm
84 Views
Post# 33626947

RE:RE:RE:RE:NICE Quarterly Report

RE:RE:RE:RE:NICE Quarterly ReportI would be very happy if you were correct! Cheers
slst wrote:
Another matter is the distribution.  REITS have to distribute the taxable portion of their income.

Last year over $0.50 cents of the annual distribution was shown as taxable.  And that was a bad year.  Assuming their taxable income will be at least the same as last year, They will HAVE to catch up by year end.  Either some bonus dividend or increase distribution to $0.06 per month starting this quarter or back o $.08 next quarter.

I do not believe they have much of a choice. 


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