RE:RE:general stock commentKarl63 wrote: 4. I've never been a big fan of reits, but at one time many years ago, I bought NWH.UN, sold a while later since I thought they couldn't maintain their larger 8% dividend. But they always did; I see that it's price has been coming down - is that reflecting concern about a dividend cut, as you've suggested? Is there a realistic price where you would consider adding more?
The price came down due to higher cap rates (which means that their properties lose a bit of value) and they also got slightly more leveraged to complete future acquisitions, so they did miss on AFFO/FFO metrics. Their tennants are very stable and they can likely maintain their dividend forever.