RE:RE:RE:Storm DSuperDude2 wrote: Impossible to argue with your logic Defiance , but l would like to make a few points. l agree with your take regarding sustainable rising divs and l was not looking for a huge increase but an increase from the 553 cents incl DRIP to 6 cents per month , only about 8%. The posters and real owners here are in a variety of boats, some multi millionaires , other with a 100, or 200 thou, maybe less, you have to start somewhere.l know from market history that divs have represented about 50% of market returns in the long run. l use drips to add to existing positions l hold as well as some new money when available,usually about 1500 every other month. ln the case of Nexus , since the reit was created 4 and half years ago the div has remained the same l believe. Now where is that slowly increasing hike. Lots of aquisitions and ongoing disposition of retail and office property, yes payout is high as new buys have shown on the balance sheet. l have no problem with empire building , l just said l prefer a more balanced approach and want to see a growing not static amount of shares in my portfolio. Cheers and it is a blessing to seeing real shareholders discussing a stock unlike some board ruiners
Personally I dont utilize DRIP but use cash towards the next purchase but understand that it allows you to accumulate additional shares.
You should also consider factoring in share buybacks as a return of capital to shareholders as it is trending to be the more popular option.
You are right just checked the site and distributions havent been raised on Nexus. It is achievable to make an increase and eventually acquistions as a percentage of holding will slow down.
There is a cap to reasonable priced acquistion and specific markets. Publically listed REITs are under 10% of the total market and pricing on both Apartments and industrials are tight.
On the apartment side I bought in to capture the near term discount spread between public and private which has already shifted back to normal. Still good opportunities out there but little income and valuation differentials.
Whether it would be good, bad or neutral for Nexus is up for debate.
It is good chatting with you and others about investing philosophy, majority of boards on companies I am invested in contain minimal discussion.
I own roughly 20 stocks of varying industries from growth, value, momentum, medium term timing. Diversification and quality companies.
Know your risk tolerance and what would warrant selling or buying a company. I am not interested in speculative growth, or commodity price controlled.