Minto Apartment Real Estate Investment Trust T.MI.UN

Alternate Symbol(s): MIAPF

Minto Apartment Real Estate Investment Trust (the REIT) is a Canada-based open-ended real estate investment trust. The REIT owns income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa, and Calgary. Its portfolio includes 28 multi-residential rental properties comprising 7,726 suites strategically located across urban centers in Canada. Its properties include Richgrove, Martin Grove, Minto Yorkville, The ROE, Minto One80five, Parkwood Hills Garden Homes & Townhomes, Aventura, Huron, Seneca, Castleview, Skyline, The Carlisle, Castle Hill, Grenadier, Eleanor, Frontenac, Stratford, Laurier, Kaleidoscope, The Quarters, Rockhill Apartments, Leslie York Mills, High Park Village, Haddon Hall, Le 4300, 39 Niagara, The International, and Le Hill-Park.

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Minto Apartment Real Estate Investment Trust > $23.65 new 52 week high today

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Comment by maypeterson Jul 03, 2021 12:54pm

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Post# 33489696

RE:RE:RE:RE:$23.65 new 52 week high today

You can get your 3-4% divvy if the price drops :-)

Minto has a lot of development in the pipeline. The distribution is based on taxable income and I doubt you are going to see 4% divvy levels (same as IIP) based on the development pipeline.

You will be surprised at how many people will have to go back to the office.

Dividends wrote: I'd say 3y...

i suspect it will be 25-26$ range

so if I bought a batch more today that's about 10% with the miserable 2% divi.

why is the divi so low?

not sure I would say it's completely safe Mat. There is a chance that commercial will convert to residential units causing more competition for us.

the immigration flood gates will re open shortly and hopefully high house prices discourage people from buying and renting Instead.

the reality is that the federal gvt (Most public servants in Ottawa are NOT going back to an office).

this is about the only headwind I see, the rest is positive but minto management please pay your shareholders MORE. I want 3-4% divi