HR so so very undervaluedLook at a company like interrent by comparison, they are all residential, but still... AFFO 10 cents per share this quarter, pays out 33 cents in dividends for a whopping 2.25% yield... they have declining occupancies, but feel they have hit the bottom of the trough.... Share price, $14.69....Book value $14.19................
HR share price was lower just a few days ago with more than double the dividend, and 3.6 x the AFFO... To say they are undervalued would be a understatement... If after the spinout of the 4 sectors doesnt push my $$ holdings of this up 50%, then I am afraid they better just put themselves up for sale.