Looking for dependable monthly dividend income to balance out your cash flow? This stock yields 9.62%. It has paid monthly distributions since 2006. It's selling below book value, and in Q3 2016, paid down a significant amount of debt. 90% of its assets are in the 3 biggest cities in eastern Canada - Ottawa, Montreal and Quebec City.
BTB Real Estate Investment Trust (OTC:BTBIF) is an unincorporated open-ended real estate trust formed and governed under the laws of the Province of Quebec pursuant to a trust agreement. BTB began its real estate operations on October 3, 2006. It owns 72 commercial, office and industrial properties in primary and secondary markets. BTB is an important real estate owner in geographical markets in Quebec and eastern Ontario. BTB is an internally managed REIT. One of the attractions of BTB for us is the fact that its operations don't have exposure to the Western Canadian energy-producing areas, which have been under pressure due to the Crude Crash, in addition to the wild fires that occurred there in the summer of 2016.
Source: Seeking Alpha
Related Articles:
- The Most Important Thing To Consider When Selecting A Dividend Stock
- 5 Healthcare Stocks With Growing Dividends Yielding In Excess of 2%
- 3 Powerful Concepts for Compounding Wealth with Dividend Stocks
- Why We Are Dividend Growth Investors
- 5 Higher Yielding, Lower Risk Stocks To Perk Up Your Dividend Income
High-Dividend Stock Yields 10%, Pays Monthly, Below Book Value
Posted by D4L | Tuesday, January 10, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
The quick rise in interest rates over the past year turned investor sentiment toward REITs negative. Higher interest rates make it harder fo...
-
Indeed, with recession on the horizon, investors are increasingly emphasizing quality, safety and dividends in their portfolio selections. W...
-
Ultimately, dividend income and capital appreciation come out of one bucket. So focusing on total return, not just dividend yield, will help...
-
A great year for dividend growth stocks is one in which there are few dividend cuts and fewer companies that failed to raise their dividends...
-
Cash is king when you’re looking to add dividend stocks to your portfolio There’s ample reason for caution. In case you haven’t noticed, a l...
-
Countless people dream of being able to pay their bills with the cash they receive from their investments. But it doesn't have to be jus...
-
There's no time like the present to invest in dividend stocks. Doing so kicks off the process of receiving extra income in the form of d...
-
The Financial Services Sector includes insurance companies, banks, brokerages, mutual funds and other similar companies. Before the 2008-09 ...
-
Linked here is a detailed quantitative analysis of Union Pacific Corporation (UNP). Below are some highlights from the above linked analysis...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.