H&R Real Estate Investment Trust T.HR.UN

Alternate Symbol(s): HRUFF

Real Estate REIT - Diversified

H&R Real Estate Investment Trust is a Canada-based real estate investment trust. The Company owns, operates and develops residential and commercial properties across Canada and in the United States. The Company operates through the four segments: Residential, Industrial, Office and Retail. The Residential segment consists of approximately 24 residential properties in select markets in the United States and its portfolio comprises 8,166 residential rental units. The Industrial segment consists of 66 industrial properties in Canada and two properties in the United States comprising 8.7 million square feet. The Office segment consists of 17 properties in Canada and three properties in select markets in the United States, aggregating 5.5 million square feet. The Retail segment consists of 34 properties in Canada, which are single tenant properties as well as two single tenant retail properties and one multi-tenant retail property in the United States.

TSX:HR.UN - Post by User

H&R Real Estate Investment Trust

Bullboard Posts

Post by diamond88on May 14, 2020 6:03pm

306 Views

Post# 31030092

Healthier company now.

A 50% dividend reduction was just what the doctor ordered.
This will solidify the cash liquidity and relieve the pressure.

The NAV is $22.29 which explains it all.

The payout ratio for the first 3 months of 2020 was at 76.5%..with this dividend cut it will be under 40%,if that alone doesn't yell "SCREAMING BUY" then I'm speechless.

$22.29 NAV !!!!!!!

Bullboard Posts

Three micro-cap value stocks trading at peak pessimism