Stock price when the opinion was issued
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A solid REIT. Not too expensive with good tenants and income. Cashflow is good. They raised distributions in June. Cashflow rose 5% last quarter with the payout ratio low at 72.6%. Unlock Premium - Try 5i Free
Very stable. Sleep at night with an investment-grade tenant like Canadian Tire. Discount to NAV. Not a lot of upside in terms of growth, which would come from acquisitions. Sees no current risks. Distribution yield is 6.8%.