Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

True North Commercial REIT T.TNT.UN

Alternate Symbol(s):  TUERF

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT is primarily focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. The REIT owns and operates a portfolio of about 40 properties consisting of approximately 4.6 million square feet in urban and select strategic secondary markets across Canada focusing on long-term leases with government and credit-rated tenants. Its properties include 36 and 38 Solutions Drive, 500 Beaverbrook Court, 61 Bill Leathem Drive, 675 Cochrane Drive, and 1112 Fort Street, among others.


TSX:TNT.UN - Post by User

Post by CrazyTraderon Jun 19, 2023 1:01pm
236 Views
Post# 35503592

I bought TNT and quickly sold it, moved to BPO preferreds

I bought TNT and quickly sold it, moved to BPO preferredsWhile TNT yielding ~12% dividends, that can change at any time.  With Brookfield Office Properties Preferreds, I'm hoping/guessing that the 10%+ yield/dividends will be more certain. 

Of coarse TNT dividends could go either way, up or down, but I'm guessing it might get cut again.  

Dividend on BPO's preferreds also resets every 5 years, but given rates going up, most likely dividends will reset higher.    I'm guessing I'll be yielding 17%+ when they reset.

All just my opinion/view/thinking/doing











<< Previous
Bullboard Posts
Next >>