Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum True North Commercial REIT T.TNT.UN

Alternate Symbol(s):  TUERF

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a... see more

TSX:TNT.UN - Post Discussion

True North Commercial REIT > Thinking of Buying. What's the dividend payout frequency?
View:
Post by happyrat on Apr 28, 2021 6:21pm

Thinking of Buying. What's the dividend payout frequency?

Title says it all.
Comment by Select55 on Apr 30, 2021 3:39pm
LOL  thats supposed to be a serious question ?? this your first go at reits?  my god man eveyone knows reits pay mid month once a month
Comment by happyrat on May 03, 2021 3:54pm
I own a few REITs that pay quarterly.  Wanted to know how long to stick with it if things go sour. Secondly, Payout ratio is over 2X earnings at this price. The good times ain't gonna last. The way things are going in Ontario, at these prices they are paying you with your own money. I don't foresee any income coming in at appropriate levels until next year. I'll take a pass.& ...more  
Comment by pandsca on May 03, 2021 7:01pm
I expect you have not noticed TNT has 97+% monthly payments every month and htey have locked in large companies and Gov for years? I wouldn't worry about this RIET one tiny bit. I've been holding for years and love this RIET. Best of them all and I can't remember once ever being concerned about them cutting divs or going chapter 8. TNT is solid.
Comment by TheCapitalist on May 03, 2021 7:43pm
Same here. I've been holding this REIT since 2015 or 2016. It's been an exceptionally strong performer with consistent payouts. The share price has made a good recovery since the pandemic began, and the structure of the reit has held up well. Not at all worried and will continue to hold this gold mine.
Comment by happyrat on May 04, 2021 9:51am
Up until this year I wasd doing quite nicely with BPY.UN but now Brookfield is buying them up outright.  I'm looking for a new home for that money. Never assume that the dividends are carved in stone. Anyway, we'll find out tomorrow what the financial state of TNT.UN is when they report on the first quarter of the year. A 2.4 Payout to Earnings Ratio is simply NOT sustainable ...more  
Comment by Select55 on May 10, 2021 6:13pm
  your out of your mind is all I can say ;;
Comment by pandsca on May 11, 2021 10:58am
I totally agree with you that you should not engage in this stock. You really should go buy other stocks and REITs elswhere since those ones are clearly a better fit for you. I'd even go so far as to leave this group since you are so sure this stock is a problem for you. Why should you hang out here when this stock is clearly not the right fit for you? Enjoy buying other stocks ...more  
Comment by TheCapitalist on May 13, 2021 9:28am
Well said. I've put him on ignore.  I've been a shareholder since 2015-2016. TNT has produced steady, consistent and predictable fundamentals. They haven't lowered their distribution once. I'll be continuing to hold this gold mine for years to come.
Comment by pandsca on May 13, 2021 9:50am
I've also been holding since 2015. It's been a wonderful experience and this is literally the only stock I've ever owned that I'm never concerned about.
Comment by TheCapitalist on May 13, 2021 10:47am
Nice! Yeah same here. I periodically check some key metrics but it's a very low maintenance holding for me. I've also been holding PRV.UN for the same amount of time and I'm quite happy with their performance as well. They reduced their distribution at the beginning of the pandemic as a precaution, but their fundamentals are on point.
Comment by my2pennies on May 26, 2021 10:58pm
Happyrat, this is a joke...right???? You're seriously not using EPS instead of AFFO to determine if a REIT distribution is sustainabe, are you?
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities