Best Canadian REITs for 2023

Go in the comment and let me know about YOUR favorite REIT and the whys!

You want to invest in REITs. You want the income, but you're unsure how to analyze them. Here are four things you need to do before investing in any of them. Then, I'll use these steps on 3 REITs I really like! Can you guess which one is my favorite?

00:16 Dividend Triangle
00:32 Business Model
01:02 Debt Structure
01:30 Distribution Growth vs FFO (AFFO)
02:20 3 REITs I Really Like

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Twitter: @TheDividendGuy

Disclaimer: The information contained within this video channel is for informational purposes only. It is not intended as a recommendation of the securities highlighted or any particular investment strategy; nor should it be considered a solicitation to buy or sell any security. In addition, this information is not represented or warranted to be accurate, correct, complete, or timely. The securities mentioned in this video may not be suitable for all types of investors and the information contained in this video does not constitute advice. Before acting on any information in this email, readers should consider whether such an investment is suitable for their particular circumstances, perform their own due diligence, and if necessary, seek professional advice.

[delinquense]

You asked... My favorite REJT? Private ones. Did WAY better than any of my public ones since buying them nearly 15 years ago. Never missed a payment, reduced a distribution or cut share price since inception. Hand over fist moneymaker!

And we were fortunate this way since the majority of our portfolio was sunk into here.

[brianlindy]

Love your videos. Would love you to expand on reits. I like many of the other retail reits, like smart centres 7.36% growing dividend, with exposure to Walmart and growing residential developments. H&R reit, 5.71% growing dividend yield, Riocan 5.4%, choice 5.5%. All good choices with limited tenant risk, balanced mortgage risk, excess land for residential development. My favourite is smart centres but buying a basket of all of them. I also own allied, which has been a disaster…but probably a fair buy at this point.

[AlpineDividends]

Great video and great things to look at for Canadian REITs!

[timothywatt]

My favourite, and only, REIT that I own is Granite REIT. Industrial real estate is the strongest among all the asset classes.

[scottjackson]

Agree Mike! Granite REIT is slow and steady. As a retiree I am tempted to find higher yields but can’t justify or find a better REIT in Canada

[rascal]

Great video Mike. Love GRT, and I have CT REIT on my watchlist for my TFSA…

[jumbothompson]

I bought Dream Industrial and Granite back in October.

[iantc]

I invested in Realty Income in the US. The company has been growing revenues and has a solid dividend (4.6%).

[pradeeshma]

Can you please set a talk on Top Candain RIET's ETF. Say for example MREL

[MohamedOmar-zdrr]

Industrial reits although growing is overhyped and overvalued in my opinion. Commercial reits are on an huge discount especially allied property reit. Fear is when you get it. Allied is undervalued by more than 40%. Personally I only buy reits with 30% discount to intrinsic value. The fear of return to work is overblown. I can see employers forcing employee back to office by end of 2023.

[matheussimon]

Great video

When buying Granite in Interactive Brokers, I got a message saying it was subjected to "Partnership tax", do you know something related to it? Is this something I should be aware of?

[shirleycrosner]

( CHP.UN ) I kind of like the quality of their real estate holdings - as well as they sold off a large portion of their office properties - down to 4% or so - but their main business is groceries / an essential service - never a dividend cut - but a bit of a laggard with increasing distributions

[paulpoco]

AP.UN still looks like a falling knife even in December 2023. You look at 1yr and 5yr and just terrible. Gone up in the last month, is it done going down?

@dividendguy a new Reit video?