Q: I accept this REIT was not a good purchase as I am down 27% on it. With
the new prices and situation it is in, is it ok for add to for a small underweight holding.
I have a small amount of cash in my TFSA and could use a high dividend payer.
It is paying 10.5% and is buying shares in itself. When an outfit is buying shares
in a normal course issuer bid can it be interpreted the divvy payout is fairly safe?
Thanks
the new prices and situation it is in, is it ok for add to for a small underweight holding.
I have a small amount of cash in my TFSA and could use a high dividend payer.
It is paying 10.5% and is buying shares in itself. When an outfit is buying shares
in a normal course issuer bid can it be interpreted the divvy payout is fairly safe?
Thanks