TSX:AD.DB.A - Post Discussion
Post by
retiredcf on Dec 21, 2021 1:38pm
Panic-Proof Portfolio
TOP PICK
Alaris Equity Partners Income Trust(AD.UN-T)
15/12/2021 at 07:00pm
Stockchase Research Editor: Michael O'Reilly We once again reiterate AD.UN as a TOP PICK. It generates about 85% of its cashflow from US operations (the rest in Canada), in a well diversified portfolio of assets. It trades at 6x earnings compared to peers at 8x and trades at just over 1.1x book value. It increased its dividend again in September (up 6%), creating a $1.32 annualized pay out, which is backed by a payout ratio under 60% of cash flow from operating activity. We continue to recommend a stop loss at $15.50, looking to achieve $22.75 -- upside potential over 21%. Yield 7.2% (Analysts’ price target is $22.71)
TRUST, SAVINGS AND LOAN
The Panic-Proof Portfolio (Stockchase Research)
$18.310
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