RE:RE:RE:RE:RE:RE:RE:RE:RE:IS RIVERLANDING REFLECT IN THE...Hey Leo
Always great to hear from you.
Every month is actually a good dividend month for us. Still holding tight on almost all the long term investments with HR and BPY being the exceptions. We sold all th BPY.UN with the BAM take-over as that's my usual practice of selling near the announcement.
All has been top shelf on the investment front this month even with the couple blips this week.
Take her easy
Sarge
leo101 wrote: hey sarge, jan is a heavy div month for me and after looking at midstreamers and reits, i said what the hell it's time to jump back into sjr.b. i left shaw in disgust years ago when jim shaw was showing up drunk and then got the giant pension.
tricon is closest thing i've got to a reit right now.
SargeX wrote: Hey Gas
Good luck with adding more. I'm headed the other way and trimmed another 200 today. Small amount each time but it's slowly adding up. 1300 to go.
Ciao
Sarge
gashole wrote: Totally agree. This reit at .69 cents per year dividend is equal to 11.5% before the cut when it was $1.38. They will put the dividend back in time, so I am putting more money in HR right now as I dont mind waiting for a 60%+ increase in the stock price and a dividend that will go back over $1 in time. I think this is the most undervalued Reit you can buy on the TSX right now.
RetiredCEO wrote: Buybacks are coming. Well over 1B in immediately available liquidity, River Landing development paid for, and 3.5B in unencumbered assets. FFO going forward from all these new developments as well as reopening will be impressive.
Spending 500M in buybacks will have immediate FFO/unit improvements.
Vaccines are here. We all know Q2/Q3 will be the start of reopenings and the last chance to buy back at these prices.
Relax and enjoy the ride.
thenewsnake wrote:
Yeah, ONITIV is paying rent for 17 years...crazy. They should offload the BOW and do a massive NCIB. Unit price will snap back to $20 fast