TSX:NWH.DB.G - Post by User
Comment by
CHECKMATE77on May 28, 2023 1:50pm
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Post# 35467911
RE:RE:Big management flop
RE:RE:Big management flop No, it's the ROC that is crushing the share price . It will erode each year by approximately the ROC received.
if the reit decreased its distribution by 40% , thus a yield of 6% you might see some growth in the share price
its simple math, you are getting your own money back and the share price goes down by the same ( more or less )
from IR
In 2022, the REIT paid monthly distributions of $0.06667 per Unit. 45.0% of the distributions are Return of Capital, 54.6% of the distributions are Other Income and 0.4% of the distributions are Non-Eligible Dividends. The adjusted cost base of the Units held by the Unitholder will generally be reduced by the non-taxable portion of the distribution.