PPRQF - Choice Properties: This 5.5% Yielder Collects Almost 100% Of The Rent And Launches A Buyback Program
- As expected, the rent collection rate almost reached 100% again in Q3, and this means the weak H1 will be a temporary dip.
- The dividend payout ratio based on the AFFO has dropped to less than 90%.
- Choice is paying an attractive dividend of 5.5% and combines this with a realistic book value.
For further details see:
Choice Properties: This 5.5% Yielder Collects Almost 100% Of The Rent And Launches A Buyback Program