Q: XDiv for Dir.un is Feb 28. If I sell it on Feb 28,I still get my Dividend. Please advise.Txs for u usual great advices & services
5i Research Answer:
Yes; sellers on Feb 28 get the $0.5833 distribution. We continue to think it is one of the better REITs, both due to the industrial focus and its valuation. Units have not done much but should perform better as interest rates ease. About 4% growth is expected this year.