Canadian Net REIT offers a 6.4% dividend yield with a low 51% payout ratio, standing out for income stability among small-cap REITs. The company's portfolio is diversified across staple retail stores, convenience stores, and restaurants, with key tenants such as Walmart and Loblaws, supporting resilience in uncertain times. Despite its low capitalization and adverse economic winds, it has maintained its monthly dividend without cuts and will increase its FFO again in 2025.
Canadian Net Real Estate Investment Trust (OTC:CNNRF) Q2 2025 Earnings Conference Call August 20, 2025 9:00 AM ET Company Participants Charles Benjamin Gazith - CFO, Secretary & Treasurer Kevin Henley - President, CEO & Director Conference Call Participants Alexander Leon - Desjardins Securities Inc., Research Division Zachary Weisbrod - Canaccord Genuity Corp., Research Division Operator Good morning. I would like to welcome everyone to Canadian Net REIT's 2025 Second Quarter Earnings Conference Call.
Canadian Net Real Estate Investment Trust leases real estate to retailers such as Loblaws, Walmart, Metro, and Sobeys on a net lease basis. Cash flows increased in Q1 2025, driven by higher rents and marginally lower financing expenses. Looking ahead, financing costs are likely to increase as legacy mortgages are refinanced at current market rates in 2025-2033.
Two publicly listed real estate investment trusts in the US declared increases to their regular dividends in May, according to S&P Global Market Intelligence data. Two Canadian REITs declared dividends in May. The dividend hikes in May brought the number of publicly traded US REITs that have declared increases to their regular dividends in the first five months of 2025 to 41 companies, representing 26.1% of the REIT industry.
We upgraded Canadian Net REIT to 'buy' due to confidence in management, expected FFO/AFFO growth in 2025, and alignment of property valuations. Unique 100% triple net lease strategy ensures predictable cash flows, reduced overhead, and longer-term tenancy, providing stability and efficiency. Defensive tenant roster and conservative dividend strategy offer relative safety, with a forward yield of 6.35% and a low AFFO payout ratio.
Canadian Net Real Estate Investment Trust (OTC:CNNRF) Q4 2024 Results Conference Call March 19, 2025 9:00 AM ET Company Participants Kevin Henley - President, Chief Executive Officer & Secretary Ben Gazith - Chief Financial Officer Conference Call Participants Zachary Weisbrod - Canaccord David Chrystal - Ventum Operator Good morning. I'd like to welcome everyone to Canadian Net REIT's 2024 Fourth Quarter Earnings Conference Call.
Canadian Net Real Estate Investment Trust has delivered a negative 7% total return since our last hold rating in October. Despite its attractive price to FFO multiple and strong tenant roster, the REIT's higher leverage was a concern. We show that interest rate headwinds are now largely in the rearview mirror, and the stock's dividend is attractive.
REITs have surged by nearly 40% on average. But some specific REITs missed out on this rally. I highlight 2 REITs that still present significant upside potential.
Canadian Net Real Estate Investment Trust has shown a modest increase in property rental income over the first half of 2024. The current stock price of $5.60 is aligned with its NAV, but the REIT trades at a lower FFO multiple compared to US counterparts. The REIT's debt structure and minimal mortgage maturities through 2026 provide a strong buffer against interest rate fluctuations.
The REIT market appears to be finally recovering! Most REITs are rising a lot already. What are the best REITs to buy today? Here are two of my top picks.
Canadian Net REIT focuses on acquiring high-quality, management-free, triple net lease retail properties for stable and predictable income. The REIT's financial health, sustainable dividend growth, and strong tenant base make it an attractive investment option. However, the primary risk lies in the optimistic property valuations, especially considering higher cap rates in their operating regions.
Canadian Net REIT offers compelling growth potential, an attractive valuation, and a generous dividend. The portfolio consists of real estate leased to major Canadian retailers, gas stations, convenience stores, and fast food chains. The company's triple net real estate model provides stable cash flows, growth opportunities, and similarities to successful REIT Realty Income.