FCRGF - Choice Properties REIT And Its 5.4%-Yielding Dividend: A Good Long-Term Investment Choice
Investment Thesis
Choice Properties REIT (PPRQF) (TSX:CHP.UN) delivered solid Q1 2019. Looking forward, the company's focus in urban properties should help it to achieve above average top and bottom lines growth than its peers. Its top tenants are either grocery store retailers or specialty retailers that are less impacted by the threat of e-commerce. Choice Properties also has a robust development pipeline that should provide a long runway of growth. The company's dividend is attractive with a 5.4%-yielding dividend. Choice Properties is a good long-term investment choice for income investors. Any pullbacks should