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Firm Capital Property Trust T.FCD.UN

Alternate Symbol(s):  FRMUF

Firm Capital Property Trust (the Trust) is a Canada-based open-ended real estate investment trust. The Trust owns 100% of the outstanding Class A Limited Partnership Units of Firm Capital Property Limited Partnership (FCPLP), a limited partnership created under the laws of the Province of Ontario. FCPLP ultimately owns the investment properties through various subsidiaries. The Trust is focused on creating long-term value for unitholders through capital preservation and disciplined investing to achieve stable distributable income. The Trust operates through five segments: grocery anchored retail, non-grocery anchored retail, industrial, multi-residential, core service office provider, and manufactured homes communities. Its portfolio consists of 64 commercial properties with a total GLA of 2,545,843 square feet, five multi-residential complexes comprised of 599 units and four manufactured homes communities comprised of 537 units.


TSX:FCD.UN - Post by User

Comment by rabnudon Jun 20, 2024 1:07pm
65 Views
Post# 36098270

RE:Payout ratio increased from last quarter

RE:Payout ratio increased from last quarter not so 1st quarter Last year was 101% then quarter over Quarter increased to 122% and now thats back down to 108% First querter this year  BIG difference and no div cut is not coming
canadian wrote: Last quarter 101%. This quarter 108%. Dividend cut may be coming soon :(


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