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Bullboard - Stock Discussion Forum Primaris Real Estate Investment Trust PMREF


Primary Symbol: T.PMZ.UN

Primaris Real Estate Investment Trust is a Canada-based company, which operates as an enclosed shopping center-focused real estate investment trust (REIT). The Company owns and manages 35 retail properties aggregating approximately 11.4 million square feet, including 22 enclosed shopping centers totaling approximately 9.8 million square feet and 13 unenclosed shopping center and mixed-use... see more

TSX:PMZ.UN - Post Discussion

Primaris Real Estate Investment Trust > At This Price, 13.60, and Yield it is a buy
View:
Post by DeanEdmonton on Jun 09, 2022 1:43pm

At This Price, 13.60, and Yield it is a buy

SP may take quite a while to show much change, but when you can get near 6% yield, with little down side SP risk, it makes a good defensive diversification hold for income investors. Nice to have an option besides banks, utilites, royalty plays and pipelines for those that live on the dividend stream.
Comment by SNAKEYBOY on Jun 09, 2022 2:22pm
They are cancelling 20k shares a day and can do so forever with free cashflow. This is my biggest position but baffling that trading a few cent lower in FFO than riocan but $9 cheaper
Comment by Frankie10 on Jun 10, 2022 9:37am
Agreed. This is a dream security for boomers.
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