TSX:NWH.DB.G - Post by User
Comment by
BlueJay2020on Apr 24, 2023 11:13am
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Post# 35410410
RE:RE:Opened a position at $8.21
RE:RE:Opened a position at $8.21Not sure why you on this board if you're out and have no intention of getting back in? I don't care about ROC as my holding is and will be in a registered account. The key stat is AFFO and whether cash can cover the distribution. I beleve it can. At 10% divi, I don't need increases. One way or another, a 10% yield is not sustainable, but I am prepared to bet that's because the SP will increase and not because the distribution is cut.
CHECKMATE77 wrote: I held for a few years, sold last summer at 11 and change . I do not trust mgt and got out. Note-- trust has never increased its dividend , of which over 40% is return of capital.
As for office , allied may be ok, dream not sure .
take a look at net net reits, like Wpc or O , far better companies, and look for a history of increasing dividends.
Cash flow this year will be less the in 2016 , Not good with a payout of 95%
I would be very careful, probably ok to hold fir income but do not expect any capital gain for years at best