Bullboard - Stock Discussion Forum Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB

Alternate Symbol(s): SLTTF | T.SOT.UN | T.SOT.DB.A | T.SOT.DB.B

Slate Office REIT (the REIT) is a Canada-based global owner and operator of workplace real estate. The REIT is an unincorporated, open-ended real estate investment trust. The REIT owns interests in and operates a portfolio of real estate assets in North America and Europe. The REIT's portfolio is primarily comprised of government and credit tenants. The REIT's portfolio consists of... see more

Add To Watchlist

TSX:SOT.DB - Post Discussion

Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 > Quarterly earnings out

View:

Post by felix10 on Nov 04, 2021 2:03am

Quarterly earnings out

Kind of a mixed-bag. Some numbers are down, but that's probably because they sold some properties. But the distributions are well-covered.

https://stockhouse.com/news/press-releases/2021/11/03/slate-office-reit-reports-third-quarter-2021-results

347

Comment

Comment by apollojetic on Nov 04, 2021 10:03am

Dividend looks very safe with the 66% payout ratio. All in all good numbers. Keep collecting the dividend.

112

Comment

Comment by HermannHaller on Nov 04, 2021 12:19pm

On the conference call they explained that SP-NOI was up vs last quarter, when lease termination income and the hotel are excluded. Obviously that's a much better message than the y/y comparisons in the press release. They also talked a lot about improved lease activity in general. More inquiries, more tours, fewer tenants looking to sub-let. Clearly things are moving in the right direction.

134

Comment

Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026