Payout Boost: Allied ups distribution

ALLIED PROPERTIES REIT $35 (Toronto symbol AP.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Units outstanding: 84.7 million; Market cap: $3.0 billion; Dividend Sustainability Rating: Above Average; Price-to-sales ratio: 7.8; Dividend yield: 4.4%; www.alliedreit.com) owns 148 office buildings in Canada. With the January 2017… Read More

There’s more to come from these REITs

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $34 (Toronto symbol AP.UN; High-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Units outstanding: 84.7 million; Market cap: $2.9 billion; Price-to-sales ratio: 7.6; Dividend Sustainability Rating: Above Average; Dividend yield: 4.4%; www.alliedreit.com) owns 148 office buildings in Canada. Its… Read More

RioCan REIT $28.19 – Toronto symbol REI.UN

RIOCAN REAL ESTATE INVESTMENT TRUST $28.19 (Toronto symbol REI.UN; Units outstanding: 324.5 million; Market cap: $9.3 billion; TSINetwork Rating: Average; Dividend yield: 5.0%; www.riocan.com) owns all or part of 302 shopping centres in Canada, including 15 under development.

In 2012, the trust formed a joint… Read More

Allied REIT keeps growing

ALLIED PROPERTIES REIT $35.76 (Toronto symbol AP.UN; Units outstanding: 69.5 million; Market cap: $2.5 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.9%; www.alliedpropertiesreit.com) is selling 4.9 million units to the public at $35.30 each to raise $172.5 million.

The REIT will mostly use the funds for… Read More