Post by
garyreins on Oct 25, 2023 4:50pm
REIT earnings season kicks off next week
I dont expect Q3 to indicate the world is ending for the sector or dividend cuts are in order...though on the other hand, i dont expect any positive or negative stuff to really be reflected in the trading action (other than a dividend cut), as the bond picture is moving things wildly
Comment by
jmkOttawa on Oct 26, 2023 8:00am
I would expect the distribution to reduced on Dream office at Q3 release. The leasing incentives required currently will consume capital. I also believe that the cut is anticipated, and already baked into the unit price.
Comment by
garyreins on Oct 26, 2023 9:14am
No, AP and TNT also have 14 and 18% yields. They already saved distributions on 12.5m shares with the SIB.