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Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s):  T.AX.PR.I | T.AX.UN | ARESF

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into... see more

TSX:AX.PR.E - Post Discussion

Artis Real Estate Investment Pref Shs Series E > AX.un is going to $9-$9.50
View:
Post by houbahop on Sep 16, 2024 12:26pm

AX.un is going to $9-$9.50

Simply look the 3-year chart.

And on a fundamental perspective, a 7.5% dividend yield is becoming more and more attractive as more money is leaving short term bonds to get better returns.

Any weakness is a buying opportunity to buy more, imo.

It rose 20%+ in a single month. Profit taking is only normal.

I'll be buying more...


Comment by jmkOttawa on Sep 16, 2024 1:15pm
I think youre right. Q3 release will confirm new debt metrics and the NCIB continues to bring down unit count and improve AFFO
Comment by Frankie10 on Sep 16, 2024 7:35pm
Couldnt agree more. See u guys at $9.
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