Two high-yield REITs focused on quality

These REITs own some of the best properties in Canada, with a concentration on its biggest cities. Both offer high yields as well as steady growth prospects. Each is a buy.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST, $17.01, is a buy. The REIT (Toronto symbol AP.UN; Units outstanding:… Read More

H&R REIT shifts its focus

H&R REAL ESTATE INVESTMENT TRUST $9.42 is a buy. The REIT (Toronto symbol HR.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 262.0 million; Market cap: $2.5 billion; Distribution yield: 6.4%; Dividend Sustainability Rating: Average; www.hr-reit.com) owns 377 residential, industrial, office and some retail properties in Canada and the U.S…. Read More

These office REITs have sustainable payouts

Demand for office space is rebounding as more companies unwind their work-from-home policies for employees. That should support the payouts of both these REITs.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $18, is a buy. The REIT (Toronto symbol AP.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 128.0… Read More

Expanding cash flow means strong distributions

These two REITs continue to add quality properties to their portfolios. They also continue to renew expiring leases at higher rental rates. That extra cash flow should help them keep raising your distributions.
CHOICE PROPERTIES REIT $14 is a top pick for 2024. Canada’s biggest REIT (Toronto symbol… Read More