EUCMF - Eurocommercial Properties: The Dividend Aristocrat's 28% Yield Is Priced For A Cut But Remains Slightly Covered For Now
Eurocommercial Properties (EUCMF) is a Dutch REIT operating in the European real estate market. The company owns and manages malls in France, Italy, and Sweden, as well as one tier-1 mall in Belgium. The company initially sparked my interest earlier this year when it was yielding a fat double-digit dividend, which had remained fully covered. Seeking Alpha's fellow author, "The Investment Doctor," has consistently covered the stock over the past few years, producing some excellent articles. Particularly the very informative latest one, back from Sep. 2019, showcases why the stock was slightly