RioCan Real Estate Investment Trust T.REI.UN

RE:RE:RE:RE:RIOCAN just slashed it's dividend by 30%

[Sapho]

gashole wrote: Yes I agree, I thought about it afterwards, the NAV can still increase even with 100% payout, just more slowly.. Low interest rates and cheap borrowing will help this.......I know what I said does not cover all areas of risk with owning a stock, its not really just as simple as I stated.. but long term I expect to double my money from these levels... Look at the big picture, dont micro analyze every movement (snake).... Its pointless.  

I also own NWH, HR, SRU, SIA, CRT, SOT and a couple others....... I also own other sectors and some BMO etf's now.. I have diversified more in the last week or 2..... I have made my losses back for the year and I am up quite a lot now and want to just sit back and watch over th next year.. I only have 40% of the max margin availible to me, so even if the markets drop 20% I will be fine........... I think overall with compared to how my stocks look in my portfolio compared to a year ago, I am making 35% more monthly in dividends. Most of that is simply by getting my money back with trading (thank you Air Canada Keyera, Pembina, Nio Xpev, Plug, and others) and adding onto that amount and still owning supressed stocks...... I look back and I am impressed I managed to get out of this... My account was down 1 miilion dollars end of March.. NUTS !!!!!!

Anyway, I hope everyone here is doing well with stocks this year, its been CRAZY !! But if common sense prevailed, then you should be doing fine now... Execpt for snake of course, I am sure with his bipolar stock trading methodology he is likely still down significantly. 

materialsgirl wrote: gashole;
Your overall commentary is quite sensible.
It is basic math. If the payout is reduced by 50 
cents there will be 5o cents extra assets in the pot 
at year end.

The assets can be cash but over time the cash will 
be used to buy more properties, typically.

One additional comment.
Regardless of what is paid out, the NAV rises
if the cap rate drops from 5.5% to 5.0% (for example).
This means that the property values have risen.
This force is independent from the distribution.
The NAV increase will eventually lead to a highter
share price.

mat

I am back at REI with 30K. i would never trade PPL, KEY ENB or SU. There my main holding. They have excellent div. 

Regarding REITS. I am too impatient with boring stocks that hardly move. I do hope for a recovery in next 2 years and will bail out of SRU and REI, 

AC is still undervalued . I hold 10K shares and will plan on holding onto it for a while.