TSX:MRT.DB.A - Post by User
Comment by
slston Aug 16, 2021 3:01pm
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Post# 33711222
RE:Over 2 million shares still shorted as of July 31st. Yahoo.
RE:Over 2 million shares still shorted as of July 31st. Yahoo.
Oops, I was wrong. We still have sellers out there.
Likely disappointed that after 6 months, MRT.un maintained thier their distribution of 2 cents a month rather than increase it. I was expecting them to raise it to 4 cents at the very least.
REITS have to distribute their taxable portion of income. Although they will generate at least $1 of cash flow, their taxable portion is usually half. Was expecting they have to declare distribution to cover that off BEFORE their year end. Maybe I am mistaken about that.
Still see deep value and have a meaningful portion of my portfolio in this REIT.