Blue-chip Canadian REITs

Description:

Recent Canadian legislation has stipulated that only those companies that derive not less than 95% of its revenues from real or immovable properties can qualify as a REIT. Preferential tax treatment will end for primarily lodging REITs that have ancillary revenue sources from food sales.Against the backdrop of strong performance from the Canadian REIT sector for 3 years running,investors should take a look at 2 quality names that trade at a P/FFO discount to its US peers and pay higher dividend yields.Since the legislation does not go into effect till 2011,you are not just buying these names for the short-run.The real benefit of holding a REIT in your portfolio is to take advantage of rising income unlike a fixed-income instrument.

Most Viewed Portfolios

View All

Articles

5 Stocks to Buy to Be Like Buffett

05.31.12 | 07:27 AM

 BALTIMORE (Stockpickr) -- When it comes to buying like Warren Buffett, most people are getting it wrong these days. It’s not that followi...

5 Beaten-Down Stocks to Invest in Now

05.31.12 | 07:27 AM

MILLBURN, N.J. (Stockpickr) -- Since the end of the first quarter, the S&P 500 has declined nearly 7% and the Nasdaq 100 has declined nearly 8%...

More Articles
blog comments powered by Disqus
Get started with stockpickr! Get recommendations from thousands of mutual funds, hedge funds, and others. Enter your favorite stocks now!
brokerage partners
connect with Stockpickr
Fan us on FaceBook
Follow us on Twitter