TSX:REI.UN - Post by User
Comment by
SeekAlpha81on Dec 07, 2020 8:56am
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Post# 32048286
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The problem with the distribution cut was the timing
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The problem with the distribution cut was the timingI went to take a look at TNT quickly and it seems they're paying out over 100pct of AFFO. Collections are indeed great but you need to dig a bit deeper than yield. H&R has a small yield for example but half the cash is hitting their books and FFO will increase in a big way by next summer/fall... the same for Riocan. I agree with Gas, the dividend will get reinstated when things normalize and SP will jump big! I think you also need to look at what's in the pipeline for these guys. The cash doesn't dissapear when they cut the dividend, it improves the health of the company. I say buy them all and get a nice average yield and upside potential on SP through diversification.
GLTA!