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

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

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

Comment by Shirtlessnomoreon Apr 30, 2021 10:37am
156 Views
Post# 33100807

RE:RE:PRO REIT

RE:RE:PRO REITWith regards to the drip and dividend, that's all pure speculation on my part and simply my opinion. What actually happens next is anyone's guess. Lol. Good luck.
Shirtlessnomore wrote: Not really a question of that, more a question of the money being there and the uncertainty gone. When the need no longer is to preserve capital and dilution at cheap s.p. the div will come back. REITs are designed to return money to shareholders so it's not a question of them wanting to keep it per se. Some have bumped the cut dividends back up some, my guess here would be resumption of drip and perhaps a boost to 4.5 cents. I dont expect them to go back to 5.25 at one time. But that would be halfway. Cheers
4scotia wrote: DIV CUT.NO DRIP.once taken away must be hard to give it back?.glta.




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