Post by
Infirstmoney on Jan 08, 2022 9:50am
Yield north of 6%
Same monthly distribution as NWH.UN trading at a few cents less than NWH.UN.
NWH yield is about 5.92% , I think PMZ will work out to 6.01%. Think my math is good.
Comment by
SNAKEYBOY on Jan 08, 2022 11:01am
Not really comparable. Debt to BV and payout ratio are not even close. Theoretically PMZ could distrubute a 12% yield by FFO. PMZ will also likely start a buy back after insiders load up
Comment by
Infirstmoney on Jan 08, 2022 11:53am
the share price, distribution, and yield is the same, not the companies
Comment by
SNAKEYBOY on Jan 08, 2022 12:56pm
That's true, but you can draw comparisons to other reits wth similar yield, share price dont matter