Bullboard - Stock Discussion Forum Morguard North American Residential Real Estate Inv 6 00 Convertible Unsecured Subordinated Debentures MNARF

Primary Symbol: T.MRG.DB.B Alternate Symbol(s): T.MRG.UN

Morguard North American Residential Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The REIT owns, through a limited partnership, interests in Canadian residential apartment communities, located in Alberta and Ontario, and U.S. residential apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia, and... see more

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TSX:MRG.DB.B - Post Discussion

Morguard North American Residential Real Estate Inv 6 00 Convertible Unsecured Subordinated Debentures > Wow Record results and distribution increase

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Post by Jtpatrol1 on Oct 25, 2022 4:58pm

Wow Record results and distribution increase

Highest FFO since going public of .38 cents ..... Low payout ratio of 46.6% ... Very low debt of 36.7 % ..... Distribution increase ....
Increased the value of their properties by $55,643,000. dollars .... A+

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