All the Real Estate Stocks That I Track

I want to talk about the Real Estate stocks I track. For all the stock I follow, I have shown the link to my blog entries. I know that I said I would not do this sort of entry again, but some people do like them.

The first blog entry should help you answer the questions of whether or not you might like to invest in the stock.

The 2nd blog entry deals with its current price, but you can compare the past median values to current ones to see if you would want to invest in it today. For example, you can compare current P/E Ratios from financial sites to the median P/E Ratios given in my blog. The G&M and Reuter can both give you current ratios. For Reuter, use TO after the stock symbol to find stock listings for Canadian companies. For Brookfield Asset Mgt the symbol would be “BAMa.TO”.

For a dividend paying stock portfolio, you might want to buy Real Estate stocks after you buy safer Utilities and financial stocks and then after less safer Consumer and Industrial stocks. See my site for information on setting up a portfolio.

The Real Estate stocks that I follow are:
Brookfield Asset Mgt BAM.A
Brookfield Properties Corp BPO
Calloway Real Estate Inv Trust CWT.UN
Canadian Real Estate REF.UN

FirstService Corp FSV and FirstService Corp 7% PF FSV.PR.U
H & R Real Estate Inv Trust HR.UN
Melcor Dev MRD
MI Developments MIM.A
RIOCAN REIT REI.UN

Brookfield Asset Mgt. (TSX-BAM.A). The 5 year median dividend yield is low at 1.89% and the DPRs are correspondingly low. The 5 year growth in dividend is just 11.2%. Dividends are inconsistent for Canadian investors as they are paid in US$. Also, this company has not raised their dividends since 2009. For my blog entries dated August 2011, click here or here.

Brookfield Properties Corp. (TSX-BPO). The 5 year median dividend yield is 3.57% and the DPRs are at a manageable level. The 5 year growth in dividend is just 2.3% which would be about or just north of inflation rate. Dividends are inconsistent for Canadian investors as they are paid in US$. Also, this company has not raised their dividends since 2008. For my blog entries dated August 2011, click here or here.

Calloway Real Estate Investment Trust. (TSX-CWT.UN). The 5 year median dividend yield is 6.96% and the DPRs are much too high, but are coming down. This investment Trust is payout some 93% of distributable income in distributions. The 5 year growth in dividend is just 2.47% which would be just north of inflation rate. This company has not raised their dividends since 2008. For my blog entries dated December 2011, click here or here.

Canadian Real Estate. (TSX-REF.UN). The 5 year median dividend yield is 4.96% and the DPRs are a bit high but fine. This investment Trust is paying out some 61% of distributable income in distributions. The 5 year growth in dividend is just 1.9% which would be just at or slightly below the inflation rate. They have been increasing their dividends to just over 2% over the past 2 years. I own units in this REIT. For my blog entries dated March 2011, click here or here.

First Service Corp. (TSX-FSV). This stock does not pay a dividend, but the company did issue Preferred Shares to stockholders in 2008. Because Preferred Shares were issued, there would not be dividend increases. Also, dividends were paid in US$, so would fluctuate for CDN shareholders. Total growth over past 5 years was 7%, including Preferred Shares. For my blog entries dated December 2011, click here or here.

H & R Real Estate Investment Trust (TSX-HR.UN). The 5 year median dividend yield is 6% and the DPRs were high but are coming down. They decreased their dividends by 50% in 2009. This investment Trust is paying out some 65% of distributable income in distributions currently and has a dividend yield of 4.27%. They have been increasing their dividends lately, but they are not yet back to 2008 level. For my blog entries dated December 2011, click here or here.

Melcor Development (TSX-MRD). This stock has a 5 year median Dividend yield of 2.78% and they paid out a low portion in DPRs. I have owned this stock since 2008 and I have made a total return of 7.8% per year. For my blog entries dated April 2011, click here or here.

MI Developments (TSX-MIM.A). I used to own this stock. I bought it in 2004 and 2006 and sold it in 2009. My total return was a negative 22% per year. This was a Frank Stronach company. Their DPRs were rather high, as the company was not making any money, but yield was generally around only 1.5%. For my blog entries dated February 2011, click here or here.

RIOCAN REIT (TSX-REI.UN). I own this REIT. I bought it originally in 1998 and then some more in 2000 and 2006. My total return was 16.9% per year. Their 5 year median dividend yield is 6.3%. Their DPRs were rather high, and the Payout from Distributable Income is at 90%. They have been increasing the distributions in line with inflation. For my blog entries dated March 2011, click here or here.

Today, My Own Advisor has a blog on Top Canadian REITs Tomorrow, I will start review the banks I follow.

This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. See my website for stocks followed and investment notes. Follow me on twitter.