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.