Allied Properties: 11% Yield Is Not Enticing
Ampco-Pittsburgh(AP) Seeking Alpha·2024-07-09 23:51
Downtown Vancouver, British Columbia, Canada. edb3_16/iStock via Getty Images On our last coverage of Allied Properties (TSX:AP.UN:CA), we gave you three compelling reasons why we had a preference for another REIT. While H&R REIT (HR.UN:CA) did not boast of such a lofty yield as Allied, we felt it offered a better risk-reward. Those who have followed our work know that we look at the actual yield last, after we have looked at everything else. We want a sound company with a good capital structure that is g ...