EXE sale to Sienna now looks brilliant Hindsight is 20/20, but the timing of that Retirement sale to Sienna was excellent.
Extendicare comes into this period of higher rates with an underlevered balance sheet, and re-acceleration of occupancy into LTC post Covid.
higher costs are a reality with inflation, but there is govt assistance here too. Dividend yields have been adjusted up due to the rapid rate rise across all the investment spectrum, but 7.1 percent isn't unattractive if you believe central bankers will raise aggressively then back off in 2023.
Imo, EXE nice place to park capital over next 12 months.
good luck.