Strong cash flows keep their payouts high

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $35.46 (Toronto symbol AP.UN; Units outstanding: 74.6 million; Market cap: $2.7 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.0%; www.alliedreit.com) owns 138 office buildings, mostly in major Canadian cities. These mainly Class I properties contain over 9.9 million square… 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

New properties keep their cash flow rising

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $34.31 (Toronto symbol AP.UN; Units outstanding: 69.5 million; Market cap: $2.4 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.1%; www.alliedpropertiesreit.com) owns 138 office buildings, mostly in major Canadian cities. These mainly Class I properties contain over 9.9 million… Read More

High, safe yields from growing REITs

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $34.29 (Toronto symbol AP.UN; Units outstanding: 68.7 million; Market cap: $2.4 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.1%; www.alliedpropertiesreit.com) owns 133 office buildings, mostly in major Canadian cities. These mainly Class I properties contain over 9.5 million square… Read More

Two of our favorite REITs are teaming up

RIOCAN REAL ESTATE INVESTMENT TRUST $25.35 (Toronto symbol REI.UN; Units outstanding: 302.3 million; Market cap: $7.5 billion; TSINetwork Rating: Average; Dividend yield: 5.6%; www.riocan.com) is Canada’s largest real estate investment trust (REIT), with interests in 346 shopping malls containing over 83 million square feet of… Read More