True North Commercial REIT T.TNT.UN

Alternate Symbol(s): TUERF

Real Estate REIT - Diversified

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT is primarily focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. The REIT owns and operates a portfolio of about 40 properties consisting of approximately 4.6 million square feet in urban and select strategic secondary markets across Canada focusing on long-term leases with government and credit-rated tenants. Its properties include 36 and 38 Solutions Drive, 500 Beaverbrook Court, 61 Bill Leathem Drive, 675 Cochrane Drive, and 1112 Fort Street, among others.

TSX:TNT.UN - Post by User

True North Commercial REIT > Thinking of Buying. What's the dividend payout frequency?

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Comment by pandscaon May 03, 2021 7:01pm

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Post# 33120272

RE:RE:RE:Thinking of Buying. What's the dividend payout frequency?

I expect you have not noticed TNT has 97+% monthly payments every month and htey have locked in large companies and Gov for years?

I wouldn't worry about this RIET one tiny bit.

I've been holding for years and love this RIET. Best of them all and I can't remember once ever being concerned about them cutting divs or going chapter 8. TNT is solid.

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