BTB Real Estate Investment Trust T.BTB.DB.H

Alternate Symbol(s): BTBIF | T.BTB.UN

Real Estate REIT - Diversified

BTB Real Estate Investment Trust (the Trust) is a Canada-based real estate investment trust (REIT). The Trust’s primary objective is to maximize total return to unitholders, to generate stable monthly cash distributions that are reliable and fiscally beneficial to unitholders, to grow the Trust’s assets through internal growth and accretive acquisitions, and optimize the value of its assets through dynamic management of its properties to maximize their long-term value. The Trust invests in industrial, off-downtown core office and necessity-based commercial properties across Canada for the benefit of its investors. The Trust owns and manages approximately 75 properties, representing a total leasable area of approximately 6.1 million square feet. The Trust operates through three segments, which include Industrial, Off downtown core office and Necessity-based retail. The Trust’s operations are located in the provinces of Quebec, Ontario, Alberta and Saskatchewan.

TSX:BTB.DB.H - Post by User

BTB Real Estate Investment Trust > gets very little respect from the market

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Post by apollojeticon Sep 01, 2021 10:25am

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Post# 33793907

gets very little respect from the market

share price still hasn't recovered after the 30% divy cut last year

the 7.3% yield is still one of the highest for the reit's after a cut in divy and a great payout ratio..puzzling

they do have cash on hand...maybe market is waiting to see what they do with that cash

I have an idea...restore the dividend to the previous level and get the share price moving with many of the other reits that have recovered

want to buy more but the high yield is making me wait.. meanwhile collect the divy

i'm a saftey first kinda investor

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