Post by
rabnud on Jun 01, 2024 3:04pm
most involatile public reit
BTB has had very little growth crashing stock value over the years and an extremely reliable monthly dist from a straight income stock you cant beat this thing so far through covid and now ihigh nterest rates the dist remains same and solid
Comment by
garyreins on Jun 01, 2024 6:51pm
Yeah its outperformed many REITS I thought would be "safer" being large caps, like artis and NWH. Coupled with a 8-10% dividend with a safe payout ratio it should be back to $4.20 rather quickly with rate cuts
Comment by
bcsc on Jun 04, 2024 5:44pm
Diistribuition was cut ffrrom three and a half cents to the current two and half cents for the May 2020 distribution. So they have not cut the distribution through higher interest rates but decreased rates during Covud.