CT REIT: Loving The Predictable Dividend Increases

CT REIT continues to deliver robust financial performance, with strong AFFO growth and a well-covered, recently increased dividend. CRT.UN's payout ratio remains below 73%, supporting a sustainable and growing dividend, while excess AFFO retention funds future developments without new debt. Refinancing activities are proceeding smoothly, with a recent C$300 million unsecured debenture issued at a modest 120 bps spread over government bonds.