Post by
DanielDarden on Oct 22, 2023 12:51pm
Uncertainty= Opportunity
Amidst the REIT carnage the uncertainty related to the Kroger- Albertsons merger is undoubtedly causing some to overlook some. The SOT fiasco is lightly weighing on this reit also adding to the perception of risk. The payout here should easily outperform any GIC presently.
IR has informed that C&S will acquire 22 locations in the portfolio from Kroger post the merger if approved. Meanwhile, C&S has provided assurance that no locations will be closed. It appears that some are overreacting to these developments, hence the opportunity to add.
Comment by
Pandora on Oct 26, 2023 7:40pm
At this price range does that put the dividend rate over 11%? Some call this a red flag? What are the results likely to show? T.ARE just got bombed today. Will this possibly do the same even though it is already suffering?