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HRUFF - H&R REIT Has A Well-Covered 6.9% Yield And Price Upside Even If Retail Goes To Zero
October, 15 2020 05:06 PM
H&R Real Estate Investment Trust/H&R Finance Trust Stapled Unit
Distribution is covered even if the enclosed mall portfolio never generates any earnings ever again, and could grow if it does. Development projects are adding high quality U.S. residential which deserves a higher multiple. Office properties have long leases and credit worthy tenants - they will outlast the pandemic affects. For further details see:
H&R REIT Has A Well-Covered 6.9% Yield And Price Upside, Even If Retail Goes To Zero
Stock Information
Company Name:
H&R Real Estate Investment Trust/H&R Finance Trust Stapled Unit
Stock Symbol:
HRUFF
Market:
OTC
Website:
hr-reit.com
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