NorthWest Healthcare Properties Real Estate Invest 10 Convert Sub Debentures 31 March 2025 T.NWH.DB.G

Same divy payment carries on

[liljohnnyjoke]

looks like no cut necessary

[HARJAY]

This pays a 8 % div and that 3 % extra , seems to be underpriced  for the demand of dividends these days by a lot of investors. This  should get back  to that $ 13  level next few qtrs.. Comments like this  below  are meant to scare investors and put negative sentiment on the  S / P . As you saw div was not cut  SargeX (10104)

[ManitobaCanuck]

Agree ,its good these guys spread FUD .We keep buying for cheap

[SargeX]

The divy wasn't cut this month but there's still a ways to go in 2023. Keep in mind that the AFFO payout ratio is over 100% and these guys have lots of variable rate debt. I'm actually still a holder but have sold just over half of our position and put it into more reliable dividend payers (utilities, midstream, telcos)

[ManitobaCanuck]

Dont disagree but rate of interest rate hikes is tapering down as inflation falls . Secondly due to inflation indexed rents AFFO will increase 

[SargeX]

Hey Canuck There definitely is a possibility that NWH can make things work and not have to cut the divy. Time will tell but as described below, I've decided not to wait around with a full position any more. My wfe & I have been retired since 2013 and livie off dividend income, OAS, and CPP. Our strategy has been to be 100% invested in TSX listed dividend income/growth stocks in 5 sectors

[ManitobaCanuck]

Hi Sarge   thx for your take . My situation is a bit different . I went through a divorce where my ex took everything in 2020 .  Luckily my LoC was empty ,so i maxed 350k LoC to buy Athabasca Oil ,Baytex ,CVE ,Suncor , BPY.UN . ERE.UN .I sold all of BPY.UN , ERE.UN ,Boardwalk and Minto in 2021 and bought more of Baytex n Athabasca. That 350k was worth 5 million in 2022 June when I sold

[bcsc]

Congratulations on your weekly aquisition of STD.

[SargeX]

Hey Canuck Holy moly, fantastic rebound. Sorry about the divorce but congrats on keeping such a positive outlook and making the best of your "new" life and then making such incredible invesment moves. That is really interesting that you picked 2 really different sectors with growthy oil & gas producers and income REITs and have done so well wtih both of them. All the best with the