Morguard Real Estate Investment Trust Declares September Distribution of 2 Cents per Unit
September 19, 2022
Trending News ☀️
Morguard Real Estate($TSX:MRT.UN) Investment Trust today announced a cash distribution of 2 cents per unit for the month of September 2022. Morguard is a Canadian real estate investment trust that owns, operates and develops a diversified portfolio of high-quality real estate assets in Canada and the United States. The trust’s portfolio includes office, retail, industrial and residential properties.
Market Price
The trust’s primary objective is to generate stable and growing cash distributions on a tax-efficient basis.
VI Analysis
The company’s fundamentals reflect its long term potential, and the VI app makes it easy to see this potential. The VI Star Chart shows that Morguard Real Estate Investment Trust has an intermediate health score of 4/10 considering its cashflows and debt, and it might be able to safely ride out any crisis without the risk of bankruptcy. Morguard Real Estate Investment Trust is classified as a “cow”, a type of company that has the track record of paying out consistent and sustainable dividends. Dividend-paying companies are deemed to be less risky as they pursue growth at a sustainable rate.
Summary
MREIT’s objectives are to provide Unitholders with stable and growing monthly cash distributions, and to preserve and enhance the value of its assets. Morguard Real Estate Investment Trust is a reliable source of monthly income, and is an attractive investment for those looking for stability and growth in their portfolio.
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