BTB.UN dividend – BTB Real Estate Investment Trust Announces 0.025 Cash Dividend
June 12, 2023
☀️Dividends Yield
On June 3 2023, BTB Real Estate Investment Trust announced a 0.025 CAD cash dividend. This announcement marks the company’s ongoing commitment to returning value to shareholders, having paid an annual dividend of 0.3 CAD per share for the past three years. This dividend yields an average of 7.77%, with 2021 and 2022 returning 8.04% and 7.85%, respectively, and 2023 projected to return 7.42%.
Those interested in dividend stocks may wish to consider BTB REAL ESTATE INVESTMENT TRUST ($TSX:BTB.UN), as the ex-dividend date is set for May 30, 2023. The trust has demonstrated a reliable pattern of dividend payments in recent years, and with such competitive yields, it is worth looking into this as a viable option for investing in the real estate sector.
Market Price
The company’s stock opened at CA$3.3 and closed at CA$3.2, down by 0.6% from the prior closing price of 3.3. This decline in the stock price was a result of the announcement of the dividend payment, although the trust will still benefit from the cash flow generated by the dividend. The trust is also likely to benefit from increased demand for real estate investments due to the current economic climate. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for BTB.UN. More…
| Total Revenues | Net Income | Net Margin |
| 123.34 | 40.51 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for BTB.UN. More…
| Operations | Investing | Financing |
| 70.49 | -74.08 | -35.41 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for BTB.UN. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.21k | 746.88 | 5.44 |
Key Ratios Snapshot
Some of the financial key ratios for BTB.UN are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 53.1% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – BTB.UN Stock Intrinsic Value
At GoodWhale, we have conducted an in-depth analysis of the fundamentals of BTB REAL ESTATE INVESTMENT TRUST. Our proprietary Valuation Line has determined that the fair value of BTB REAL ESTATE INVESTMENT TRUST share is around CA$3.2. Currently, BTB REAL ESTATE INVESTMENT TRUST stock is traded at CA$3.2, a fair price which is actually slightly undervalued by 1.4%. This represents an attractive buying opportunity for investors looking to add BTB REAL ESTATE INVESTMENT TRUST to their portfolio. More…
Peers
The company’s portfolio consists of office, retail, and industrial properties. BTB is one of the largest real estate investment trusts in Canada and is headquartered in Montreal, Quebec. Its competitors include Morguard Real Estate Investment Trust, Highlands REIT Inc, and Cominar Real Estate Investment Trust.
– Morguard Real Estate Investment Trust ($TSX:MRT.UN)
Morguard Real Estate Investment Trust has a market cap of 331.19M as of 2022. The company is involved in the ownership, development, management, and investment of real estate properties.
– Highlands REIT Inc ($OTCPK:HHDS)
Highlands REIT Inc is a real estate investment trust that owns, operates, and develops income-producing real estate properties. The company’s portfolio consists of office, retail, and industrial properties located in major markets across the United States. Highlands REIT is headquartered in Denver, Colorado.
Summary
BTB REAL ESTATE INVESTMENT TRUST is a reliable source of income for investors, having paid out an annual dividend of 0.3 CAD per share for the past three years. This dividend yields an average return of 7.77%, with 2021 and 2022 returns of 8.04% and 7.85%, respectively, and 2023 projected to return 7.42%. The trust offers strong potential for steady long-term growth and should be considered a safe investment for those looking for reliable returns.
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BTB.UN dividend – BTB Real Estate Investment Trust Announces 0.025 Cash Dividend
June 12, 2023
☀️Dividends Yield
On June 3 2023, BTB Real Estate Investment Trust announced a 0.025 CAD cash dividend. This announcement marks the company’s ongoing commitment to returning value to shareholders, having paid an annual dividend of 0.3 CAD per share for the past three years. This dividend yields an average of 7.77%, with 2021 and 2022 returning 8.04% and 7.85%, respectively, and 2023 projected to return 7.42%.
Those interested in dividend stocks may wish to consider BTB REAL ESTATE INVESTMENT TRUST ($TSX:BTB.UN), as the ex-dividend date is set for May 30, 2023. The trust has demonstrated a reliable pattern of dividend payments in recent years, and with such competitive yields, it is worth looking into this as a viable option for investing in the real estate sector.
Market Price
The company’s stock opened at CA$3.3 and closed at CA$3.2, down by 0.6% from the prior closing price of 3.3. This decline in the stock price was a result of the announcement of the dividend payment, although the trust will still benefit from the cash flow generated by the dividend. The trust is also likely to benefit from increased demand for real estate investments due to the current economic climate. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for BTB.UN. More…
| Total Revenues | Net Income | Net Margin |
| 123.34 | 40.51 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for BTB.UN. More…
| Operations | Investing | Financing |
| 70.49 | -74.08 | -35.41 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for BTB.UN. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.21k | 746.88 | 5.44 |
Key Ratios Snapshot
Some of the financial key ratios for BTB.UN are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 53.1% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – BTB.UN Stock Intrinsic Value
At GoodWhale, we have conducted an in-depth analysis of the fundamentals of BTB REAL ESTATE INVESTMENT TRUST. Our proprietary Valuation Line has determined that the fair value of BTB REAL ESTATE INVESTMENT TRUST share is around CA$3.2. Currently, BTB REAL ESTATE INVESTMENT TRUST stock is traded at CA$3.2, a fair price which is actually slightly undervalued by 1.4%. This represents an attractive buying opportunity for investors looking to add BTB REAL ESTATE INVESTMENT TRUST to their portfolio. More…
Peers
The company’s portfolio consists of office, retail, and industrial properties. BTB is one of the largest real estate investment trusts in Canada and is headquartered in Montreal, Quebec. Its competitors include Morguard Real Estate Investment Trust, Highlands REIT Inc, and Cominar Real Estate Investment Trust.
– Morguard Real Estate Investment Trust ($TSX:MRT.UN)
Morguard Real Estate Investment Trust has a market cap of 331.19M as of 2022. The company is involved in the ownership, development, management, and investment of real estate properties.
– Highlands REIT Inc ($OTCPK:HHDS)
Highlands REIT Inc is a real estate investment trust that owns, operates, and develops income-producing real estate properties. The company’s portfolio consists of office, retail, and industrial properties located in major markets across the United States. Highlands REIT is headquartered in Denver, Colorado.
Summary
BTB REAL ESTATE INVESTMENT TRUST is a reliable source of income for investors, having paid out an annual dividend of 0.3 CAD per share for the past three years. This dividend yields an average return of 7.77%, with 2021 and 2022 returns of 8.04% and 7.85%, respectively, and 2023 projected to return 7.42%. The trust offers strong potential for steady long-term growth and should be considered a safe investment for those looking for reliable returns.
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