Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB.A

RE:Earnings Are Out

[rabnud]

Yes all sounds great but just dont like the high vacancey rate of  17%  thats a lot of unrented   $$$ consuming unleased space 

Detailoriented1 wrote:
Payout ratio of 74% in the quarter so dividend seems very safe. NAVPU of $8.71 which compares to current price of $4.61. A $3.00 gain or 60% share peice increase could happen and we still are not at NAVPU. Yield is currently 8.71%. A large Shareholder has amassed more than 10% of the company recently and is likely working behind the scenes to make significant changes to the share price. There is lots more to support the stock but the above keep me excited about this one and it is especially nice to see the current earnings remain strong during volatile economic times. GLTA. I think this will be a very interesting quarter for all of us.