Thursday, March 3, 2016

Still holding Dream Office REIT plus buying on dips

Info from WebBroker states that Dream Office REIT is back on the TD Action Buy List. I'm not surprised. The bank likes the latest business plan released by the large Canadian REIT. And the market seems to like it too. The moment D.UN cut the dividend the stock bounced up and has not made any serious move to stage a retreat.

The yield is still good. I'm still paying my bills with the income. And better yet, I've got my average price down to just above $20. I'm still in the red but not by much.

If D.UN takes a tumble that I cannot explain, I'll probably buy more. The yield is attractive and the potential for a capital gain remains a strong promise.

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