PRO Real Estate Investment 8 Convertible Unsecured Subod Debentures T.PRV.DB

Alternate Symbol(s): PRVFF | T.PRV.UN

Real Estate REIT - Diversified

PRO Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Company owns a portfolio of commercial real estate properties in Canada, with an industrial focus in robust secondary markets. The Company’s segments include three classifications of investment properties: Industrial, Retail and Office. All of the Company’s activities are located in a single segment, Canada. With a concentration in eastern and central Canada, its industrial-focused real estate portfolio consists of commercial properties located in secondary markets. It has approximately 123 properties, including MONCTON, NEW BRUNSWICK, Amherst, Nova Scotia; L'ancienne-Lorette, Quebec; Daveluyville, Quebec; Saint John, New Brunswick; Miramichi, New Brunswick; Woodstock, New Brunswick and others. The Company’s properties are located in Western Canada, Ontario, Quebec and Atlantic Canada.

TSX:PRV.DB - Post by User

PRO Real Estate Investment 8 Convertible Unsecured Subod Debentures

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Post by ThydoInvestoron Apr 13, 2017 5:17pm

226 Views

Post# 26120724

This stock can bring you to financial independance

Am I the only one who wants this stock to stay cheap? So I can buy even more of them every months trought my DRIP.

Imagine you bought 6000 shares few time ago (2,06$ entry point @10,2% annual distribution) for a total amount of 12 360$. Let suppose the distribution rate AND the price doesnt move for ten years, but the company is still in business with a low growth profile. If you compound the distribution with a 3% premium on the share price (DRIP) you will get aroung a 285% return over 10 years with an earning income of 300$/months at the first month of the 11 years.

GLTA guys see you in 10 years

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