BTB.UN dividend yield calculator – BTB Real Estate Investment Trust Declares 0.025 Cash Dividend

Dividends Yield

BTB ($TSX:BTB.UN) Real Estate Investment Trust announced on March 15 2023 that it will be issuing a 0.025 Cash Dividend per share. The dividend yield remains at an average of 7.85%, a remarkable rate of return for investors and shareholders alike. This announcement is likely to attract more investors and drive up the share price in the near future, which makes it a great investment opportunity.

Share Price

This dividend payment is a continuation of the trust’s quarterly distribution policy and is in line with the trust’s annual budget, which is subject to change. This announcement came on the same day that the trust’s stock opened at CA$3.6 and closed at CA$3.6, down from its previous closing price of 3.7, or 3.0%. This decrease in stock price is likely due to a combination of factors, including market sentiment and current economic conditions. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for BTB.UN. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for BTB.UN. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for BTB.UN. More…

Key Ratios Snapshot

Some of the financial key ratios for BTB.UN are shown below. More…

Analysis

At GoodWhale, we have conducted a thorough analysis of the fundamentals of BTB REAL ESTATE INVESTMENT TRUST. After an extensive review, our Risk Rating indicates that this investment is low risk in terms of financial and business aspects. Although our assessment has been positive overall, we have detected one risk warning in the balance sheet. Be sure to register on goodwhale.com to check out the details of this risk warning. With GoodWhale, you can stay informed about potential investment risks and make informed decisions about your investments. 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 an attractive investment option for those seeking a reliable passive income. Over the last three years, the REIT has consistently issued an annual dividend per share of 0.3 CAD, resulting in yields of 7.85% for 2022, 2023, and 2024. This yields a steady return for investors with a favorable risk to reward ratio. The REIT’s dividend yield is well above average, making it a viable option for income investors.

Furthermore, the company’s portfolio is well diversified with properties in different markets and sectors, providing some comfort in terms of stability and mitigating risk. With strong management and a healthy balance sheet, BTB Real Estate Investment Trust is one to consider for anyone looking for a passive income opportunity.