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Bullboard - Stock Discussion Forum Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

Alternate Symbol(s):  MGRUF | T.MRT.UN

Morguard Real Estate Investment Trust is a Canada-based closed-end real estate investment trust. The Company provides real estate advisory services and portfolio management services, specializing in publicly traded equities and fixed-income securities, to institutional clients and private investors. The Company owns a diversified portfolio of 46 retail, office and industrial income-producing... see more

TSX:MRT.DB.A - Post Discussion

Post by Shirtlessnomore on Jul 30, 2021 12:47pm

Dividend

If the dividend was raised say a penny this would likely go up a buck, the banks have their heads firmly wedged in their a$$es and all the sh1t just comes out their mouths. They have one agenda and that's their own.
Comment by slst on Jul 30, 2021 7:01pm
They will have to raise or bonus out Dividends to exceed taxable income IMHO. to keep their REIT status, from what I understand. Only 5 months left to do it. Analyst rightly point out that they have a number of mortgages that renew this year. Those properties are only 29% encumbered (recent 2nd Quarter report).  They will likely re-mortgage those higher and cash up as they did last year at ...more