Canadian Net Real Estate Investment Trust V.NET.UN

Great earnings and a very low payout ratio

[apollojetic]

This flies uder the radar like FCD.UN.

Both are excellent reit's with great management. The payout ratio is around 50% so room do another dist. increase for 2023. That would be the 12th in a row. I see very good growth and aqusitions coming and maybe a new issue of shares next quarter.

FCD.UN has the better yield and has also raised its divy recently. They need to improve the payout ratio which will come down as they integrate new aquisitions.

I hold both and look forward to watching them grow. FCD.UN was just added to the TSX as well from the venture exchange.

[tinkvid]

Not many follow this one. I was told never to buy a Reit that trades on the Venture  BUT i am glad my gut said to buy. I started buying this one 10 years ago and it has been a great investment. Previous name Fronsac >>>CDN Net Real estate....Was primarily Quebec but now acquiring assets in neigboring provinces! Well managed and fairly young and aligned Management group who are

[Canticle]

I tend to avoid individual REITs, have kept my exposure to the sector in ETFS (XRE for me), but as a triple NET REIT, this is one of the few that isn't remotely exposed to the inflationary damage that normally hits REITs, and it's my only individual holding outside of the ETF I hold. I honestly think it's undervalued, but even ignoring that, track record of growing distributions