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 11, 2021 10:58am

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Post# 33173380

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

I totally agree with you that you should not engage in this stock.
You really should go buy other stocks and REITs elswhere since those ones are clearly a better fit for you.

I'd even go so far as to leave this group since you are so sure this stock is a problem for you.

Why should you hang out here when this stock is clearly not the right fit for you?

Enjoy buying other stocks elsewhere while we sit back and enjoy the consistant benifits based on the strong fundamentals we've been receiving for years and through thick and thin.

Chao!

happyrat wrote: Up until this year I wasd doing quite nicely with BPY.UN but now Brookfield is buying them up outright. I'm looking for a new home for that money.

Never assume that the dividends are carved in stone.

Anyway, we'll find out tomorrow what the financial state of TNT.UN is when they report on the first quarter of the year.

A 2.4 Payout to Earnings Ratio is simply NOT sustainable.

There WILL be a dividend cut at some point or else it becomes a Ponzi Scheme where the payouts are coming from Investors' money.

I'll buy after the other shoe has fallen, thanks. At this price polnt I'm finding it less and less appealing.

Gary ;)