RioCan Real Estate Investment Trust T.REI.UN

RE:RE:RE:RE:See what a bunch of bs it was

[gashole]

Although most people believed that the dividend was safe there was definitely some uncertainty with regards to the safety.. I am 100% sure about that in the investment community.. people that own a stock believe in it and tend to believe that there is no way their company that they own and have their hard-earned money invested in will ever cut the dividend.... but here we are and I guess the uncertainty is now gone they have left the dividend at a very sustainable level and still a decent amount of payment to shareholders.. my gut tells me there might be some downside but it may not be very significant I'm going to say a dollar a share but long-term I think there are no worries and could actually help the company with this cut

CANCDN wrote:

I don't think it will give up much.

I believe this is about borrowing more money. When you borrow money, lenders have conditions. For reits, that usually includes payout restrictions under 80. Their is more to this story

EdPaquette wrote: In an interview on bnn, Ed said no dividend cut.     
 

HermannHaller wrote: I'm not sure when they said no dividend cut, but they certainly said 'ample liquidity' as recently as the Q3 results. I don't think ample liquidity is consistent with a 33% distribution cut. Particularly surprising when we now know there is a vaccine that works, and will be rolled out over the next six months.

This stock is up 23% since the vaccine news...how much of that does it give back tomorrow? And do the other REITs go down with it???