TSX:REI.UN - Post by User
Comment by
SeekAlpha81on Oct 22, 2020 4:34pm
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Post# 31766258
RE:RE:RE:CECRA Ending Soon
RE:RE:RE:CECRA Ending Soon Tommy go look at the last quarterly report... Brookfield FFO dropped by 50pct
https://www.globenewswire.com/news-release/2020/08/06/2074019/0/en/Brookfield-Property-Partners-Reports-Second-Quarter-2020-Results.html
paying out 1.80 dividends a year (I got that from yield/SP). FFO dropped to 0.18 from 0.36 the year before on the quarter. I don't know what you're smoking but if anyone's dividend is unsustainable it's BPY's!
now for Riocan
https://www.globenewswire.com/news-release/2020/07/29/2069303/0/en/RioCan-Announces-Second-Quarter-Results-For-2020.html
Drop to 0.35 vs 0.48, dividend of 0.115 monthly which is covered... and numbers improved since then.
I took the time to pull the numbers so everyone can see for themselves and let the numbers talk.
GLTA!