RioCan Real Estate Investment Trust T.REI.UN

Genuinely curious

[RelevantInfo69]

I've got no dog in the race, but I am looking at some REITs, and Riocan seemed like a good contender, but I am curious about all the hate here. I understand that having largely retail holdings is problematic right now, but they seem to have pandemic-proof tenants in terms of most major grocers. What gives?

[Tommy123]

This post has been removed in accordance with Community Policy

[SeekAlpha81]

Nothing has changed yet to suggest a dividend cut. The SP is dropping based off fear that Ontario will go on lockdown again. If things remain open then you're able to take advantage of this drop and add at an even lower price. Retail numbers have picked up in Canada and the economy is on a road to recovery, albeit at a slowing pace. Sonshine had reassured the market there would be no dividend

[milliontrader]

j&j reported they they are very satisfied with p1 and p2 and moving to p3 with 60k volunteers with results expected in Nov Since then rei dropped 8% with not a single green day in 2 weeks So your crabpy theory is all just a bunch of garbage you know won't happen See you at $5