Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

5 Small REITs With Big Dividend Payouts

By Sean Mason, SmallCapPower.comETFsApr 22, 2018 01:38AM ET
www.investing.com/analysis/5-small-reits-with-big-dividend-payouts-200307585
5 Small REITs With Big Dividend Payouts
By Sean Mason, SmallCapPower.com   |  Apr 22, 2018 01:38AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

The companies on our list have the highest dividend yields of the Canadian publicly-traded REITs

In the current volatile marketplace, stocks or REITs that can provide consistent returns look especially attractive to investors. The REITs on our list today have historically provided solid returns to their investors, with an average 9.3% 5-year dividend yield. Their attractive present valuations mean these companies could be a strong addition to your portfolio.

American Hotel Income Properties LP (TO:HOT_u) – $8.28

Specialized REITs

American Hotel Income Properties REIT (AHIP) is a Canada-based trust that focuses on hotel assets, primarily across the United States. AHIP’s portfolio comprises a total of 11,570 hotel rooms across 113 properties, including 41 restaurants.

  • Market Cap: $646.2 Million
  • YTD Total Return: -9.2%
  • Dividend Yield: 9.9%
  • Dividend Payout Ratio: 14.5%
  • Price / Funds From Operations Per Share: 7.6x

American Hotel Income Properties
American Hotel Income Properties

Slate Office REIT (TO:SOT_u) – $7.60

Commercial REITs

Slate Office Real Estate Investment Trust has assets across Canada. Currently, the Trust owns 38 office properties that comprise approximately 6.1 million square feet. Approximately half of its real estate assets are located in Ontario.

  • Market Cap: $529.7 Million
  • YTD Total Return: -4.4%
  • Dividend Yield: 9.9%
  • Dividend Payout Ratio: 24.7%
  • Price / Funds From Operations Per Share: 8.4x

Slate Office REIT
Slate Office REIT

PRO Real Estate Investment Trust (V:PRV_u) – $2.24

Commercial REITs

Established in 2013, PRO Real Estate Investment Trust focuses on markets in Quebec, Atlantic Canada and Ontario. The Company’s portfolio comprises 43 properties covering ~2.3 million square feet, rented for commercial operations.

  • Market Cap: $149.3 Million
  • YTD Total Return: -0.3%
  • Dividend Yield: 9.4%
  • Dividend Payout Ratio: 31.2%
  • Price / Funds From Operations Per Share: 10.4x

PRO Real Estate Investment Trust
PRO Real Estate Investment Trust

True North Commercial REIT (TO:TNT_u) – $6.41

Commercial REITs

Founded in 2012, True North Commercial REIT owns over 32 properties comprising approximately 2.16 million square feet. Most of the Trust’s assets are situated in Ontario and New Brunswick.

  • Market Cap: $305.7 Million
  • YTD Total Return: -2.3%
  • Dividend Yield: 9.3%
  • Dividend Payout Ratio: 30.6%
  • Price / Funds From Operations Per Share: 10.2x

True North Commercial REIT
True North Commercial REIT

BTB Real Estate Investment Trust (TO:BTB_u) – $4.57

Commercial REITs

BTB Real Estate Investment Trust focuses on acquiring and renting out commercial, office and industrial properties across eastern Canada. The majority of the REITs’ assets are situated in Ontario and Quebec. BTB owns a total of 70 properties that cover more than 5.2 million square feet.

  • Market Cap: $222.2 Million
  • YTD Total Return: 1.9%
  • Dividend Yield: 9.2%
  • Dividend Payout Ratio: 21.9%
  • Price / Funds From Operations Per Share: 9.6x

BtB Real Estate Investment Trust
BtB Real Estate Investment Trust

Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

5 Small REITs With Big Dividend Payouts
 

Related Articles

5 Small REITs With Big Dividend Payouts

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email