TSE:KMP.UN

Killam Properties Inc (KMP.UN.TO)

18.93
-0.03 (0.16%)
as of Jun 10, 2026, 8:00:00 pm Market Open.
155 watching
0
PAST TOP PICK
(A Top Pick July 20/09. Up 57%.) Primarily in Atlantic Canada with some exposure to Ontario and Alberta. Apartment buildings and some mobile homes. Still cheap at these levels.
BUY
Likes the name. One of his biggest holdings. They are doing a very good job. Expanding into Ontario via London and Waterloo. Some say buying properties at too high a price. They are getting a yield of 5% and then believe they can manage it a bit better and can borrow CMHC money and get a better spread. Dividend is safe. Brought payout ratio significantly below 100%. Safe long-term investment.
TOP PICK
Stable performer. Focuses on apartment buildings and manufactured housing, mostly out east. Get CMHC financing so that when interest rates drop they get better financing. 6.75% dividend.
PAST TOP PICK
(A Top Pick June 9/09. Up 44%.) Apartments and manufactured homes in the Maritimes and have done a very good job. Starting to move into Ontario. Still a Buy.
PAST TOP PICK
(A Top Pick June 3/09. Up 45% excluding yield.) Focuses on apartments and trailer parks. Great cash flow and very stable. Still cheap.
BUY
Largely apartments in the Maritimes. Very good place to be. Payout ratio at around 90%. High dividend yield.
BUY
REIT focuses on apartment buildings and mobile homes out east and in Ontario. Raise $50 million on an equity issue, which is slightly dilutive. This will go towards future purchases and will be accretive to the bottom line.
BUY
He looks for good sources of dividend producing income, which this one is. They are earning their income and have their payout ratio down to about 90%.
HOLD
Apartment building and trailer parks in primarily Atlantic Canada. He was impressed how Atlantic Canada weathered the downturn. Fairly valued at these values. It’s a wait and see as to whether they can grow cash flow. Talked about entering Ottawa and Toronto markets.
TOP PICK
Manufactured housing focused mainly in the east. Very good management. Healthy 7.5% yield. When they need to borrow, they can use CMHC rates.
TOP PICK
If you are going to be in the REITs. They are great managers, mostly out east. They are seeing a net migration because of commodities. They are well capitalized. Get funding through CMHC. Distribution is sustainable and there is a chance it will grow.
TOP PICK
Own manufactured homes in eastern provinces and Ontario. They get cheaper CMHC financing so there is no funding issues.
TRADE
There is still some upside. 8% Yield is sustainable. Growth of dividend is questionable. Would prefer others in the sector.
TOP PICK
Apartments, primarily in Atlantic Canada where he economies have held in relatively well. Recently did an equity raise. Almost full occupancy. Access to CMHC financing.
BUY
Multi-family residential apartments and manufactured houses and focused mainly in Atlantic Canada. A great play in a recession because of lower rents. Balance sheet has gotten better because of an equity raise. Have access to CMHC financing giving them lower interest costs. Trades at about 12X AFFO. Thinks yield is sustainable.
Showing 106 to 120 of 157 entries