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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (130504)9/9/2022 1:16:05 PM
From: Goose94Read Replies (1) of 202211
 
Canadian Apartment Properties REIT (CAR.UN-T) single-digit price-to-earnings ratios, suggesting that the names are also value plays

Dividend-paying stocks can be great long-term investments as they provide a steady income stream that pays investors to wait while the stock price rebounds following a market-wide slump. Today we have identified three TSX dividend stocks with super low price-to-earnings ratios, suggesting the names are great value plays as well.

Canadian Apartment Properties REIT is Canada’s largest publicly-traded provider of quality rental housing. CAPREIT currently owns or has interests in approximately 67,000 residential apartment suites, townhomes and manufactured housing community sites well-located across Canada and the Netherlands with approximately $18 billion of assets under management globally. Its stock is currently yielding 3.3%.

Market Cap: $7.8B

Year-To-Date Return: – 20%

P/E Ratio: 6.2

smallcappower.com
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