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Strategies & Market Trends : Value Investing

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From: Grommit10/6/2020 2:26:40 PM
2 Recommendations

Recommended By
E_K_S
Jurgis Bekepuris

  Read Replies (3) of 78744
 
GNL found this company while looking for pref stocks. office and industrial reit 2/3 invested US/Canada and 1/3 europe. profitable, reasonable debt, nice yield. I loaded up fully on GNL-B over past 2 days. Not too eager about the common since they are externally managed, but I did buy a few common just for fun. Common div payout ratio a bit maxed out short term. rent collection 98%-99%. Very reasonable valuation. Good website. I recommend this one!

FFO this year 1.68 +/-. 2021 similar. 2022 expected to be 1.80 by analysts.
$17 / $1.68 = 10 PE

GNL common $1.60 div / $17 price = 9.4%
GNL-A $1.81 / $25.5 = 7.1% 1.9 year to poss redemption
GNL-B $1.72 / $25 = 6.9% 4.1 years left

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