Parent Capital Corp V.PAR.H

$1.28 Special dividend declared for holders as of May 16.

[wheeloffortune]

Better than I expected.

[JelrakTB]

What will the value of the stock be after the sale is finalized?

[gertrude73]

I would estimate around 90 cents per share.

[wheeloffortune]

$0.88/share.   I doubled my position today to bring my average down to $1.83/share to bring me to a $0.33/share profit

[gertrude73]

I estimated a unit price of 90 cents after the distribution of $1.28 per unit.  I may be wrong. This may be too optimistic.  After the 87 cent special dividend in October, it looks to me like the unit price dropped about the same amount.  If this pattern is repeated, after the $1.28 special dividend the unit  price would go down about that amount, i.e. to around 47 cents, given

[wheeloffortune]

It makes perfect sense.  After the special divy announcement, I've been selling off my other stock and buying this up.  The one month return on my investment is amazing. Not only that, insiders own over 3/4 of this REIT and it's in their self-interest as much as everyone else's to maximize the profit--and we can see that goal with the $1.28 special divy.  And to top it

[JelrakTB]

Where did you read about the special dividend amount? I have not seen a press release yet on their website

[YellowBrickRoad]

5/08/2019 Partners REIT Provides Update Special Distribution The Board has declared a special cash distribution (the “Special Distribution”) to Unitholders of approximately $59 million, being $1.28 per outstanding unit (a “Unit”) of the REIT. The record date for Unitholders entitled to receive the Special Distribution is May 16, 2019, and the payment date for the Special Distribution will be

[JelrakTB]

Thank you!

[wheeloffortune]

Type into google TMX+company name.  The TMX quoting system is free, owned by the stock exchange, and most reliable.