Latest news with #SlateGroceryREIT
Yahoo
a day ago
- Business
- Yahoo
How I'd Build a $1,000 Monthly Income Stream With Just These 2 Stocks
Written by Amy Legate-Wolfe at The Motley Fool Canada Creating a $1,000 monthly income stream with just two TSX stocks may seem like a big ask. But with a little capital and the right mix of reliability and yield, it can be done. The secret is focusing on cash-generating businesses with high distributions and strong fundamentals. For this, I'd lean on Slate Grocery REIT (TSX: and Freehold Royalties (TSX:FRU). These two dividend stocks may operate in very different sectors, but both serve up serious passive income potential. Slate Grocery REIT is in the business of owning U.S. grocery-anchored retail centres. In a market filled with uncertainty, that's not a bad place to be. Grocery stores are considered essential, which means Slate's tenants tend to be stable and long term. The real estate investment trust (REIT) focuses on distributing regular income to unit holders. In Q1 2025, Slate earned US$16.1 million in net income and US$12.3 million of that was attributable to unit holders. Funds from operations (FFO) came in at US$19.6 million, while monthly distributions were maintained at about $1.20 per unit on an annual basis. With a Canadian unit price around $11.20, that works out to a yield close to 8.2%, paid in cash every single month. Its occupancy sits near 94.2%, and Slate collected 99.1% of rents due in the quarter. These are not small figures for a REIT operating in the current environment. Still, risks do exist. Slate carries over $1.2 billion in debt and a leverage ratio just over 52%. Interest rates will keep pressure on refinancing costs and could cap short-term growth. But as long as the rent keeps flowing and grocery stores stay full, the REIT should be able to maintain distributions and slowly grow its property base. Now on to Freehold Royalties. This isn't your average energy company. Freehold doesn't drill wells, it collects royalties. That means it gets paid based on production by third-party operators across Canada and the U.S., without the headaches of managing rigs or hiring crews. In Q1 2025, Freehold posted royalty and other revenue of $91.1 million, up 23% from the year before. FFO hit $68.1 million, translating to $0.42 per share. Dividends paid come to $0.09 monthly or $1.08 annually, good for a yield of about 8.4%. Freehold's production hit a record 16,248 barrels of oil equivalent per day, with 65% of that from higher-value liquids. Its U.S. assets continue to grow, representing 43% of production and 54% of revenue in Q1. This diversification adds stability. Freehold's payout ratio was 65%, and the balance sheet remains healthy with net debt at $272 million and a debt-to-cash-flow ratio of just 1.1 times. That's comfortable for an energy royalty firm. Still, the dividend stock isn't immune to energy prices. A sharp drop in oil could impact future cash flows and put pressure on dividend sustainability, but management appears disciplined and has room to adjust capital plans if needed. So, how would you get to $1,000 a month in income using only these two? It could be split evenly between the two, or weighted depending on your income preferences. Slate's monthly payout provides regular income flow, while Freehold's quarterly dividend could be smoothed out over time. With the two invested in equally, here's how it could shake out. COMPANY RECENT PRICE NUMBER OF SHARES DIVIDEND TOTAL PAYOUT FREQUENCY TOTAL INVESTMENT FRU $42.00 500 $3.84 $1,910.00 Monthly $21,000.00 $14.10 8,842 $1.18 $10,433.56 Monthly $124,672.20 Total — — — $12,343.56 — $145,672.20 There's no such thing as a risk-free yield, especially in today's market. Slate faces refinancing pressures, and Freehold rides the waves of energy prices. But both dividend stocks have proven their ability to generate strong, stable cash flows. And yes, $145,672 is a lot to invest. For investors seeking dependable monthly income without chasing too many stocks, these two could form the foundation of a simple, powerful strategy. The post How I'd Build a $1,000 Monthly Income Stream With Just These 2 Stocks appeared first on The Motley Fool Canada. Before you buy stock in Freehold Royalties Ltd., consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Freehold Royalties Ltd. wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,927.94!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 30 percentage points since 2013*. See the Top Stocks * Returns as of 6/23/25 More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool recommends Freehold Royalties and Slate Grocery REIT. The Motley Fool has a disclosure policy. 2025
Yahoo
21-06-2025
- Business
- Yahoo
Turn Your $7,000 TFSA Contribution Into a Lasting Income Stream
Written by Puja Tayal at The Motley Fool Canada The Tax-Free Savings Account (TFSA) is good for wealth creation, but you can also convert your TFSA into a source of lasting income. It all depends on your investment needs. Unlike the Registered Retirement Savings Plan (RRSP), which has an age limit of 71 years, the TFSA has no age limit. As long as you are over 19 years old, you can contribute to a TFSA. The 2025 TFSA contribution is $7,000 for a 19-year-old and a 79-year-old, irrespective of income bracket. If you are near retirement or have retired, you can build an emergency fund in your TFSA as withdrawals are tax-free. You can also create a lasting income stream to help you fight inflation and unexpected expenses. Here are a few stocks for your consideration. Real estate stocks associated with retail stores are a good investment for monthly income, as they tend to attract higher rent. Slate Grocery REIT (TSX: owns and leases a US$2.4 billion retail real estate portfolio in the United States. Supermarkets and groceries contribute to 46% of its rental income. These stores tend to do well in all economic conditions. Two of its largest tenants are Walmart and Kroger, which means the rental income is assured. The REIT earns rent in US dollars but pays monthly distributions to Canadians in Canadian dollars. In the current economic scenario of a trade war, you can earn a higher income as the US dollar strengthens. Now is a good time to invest in the stock and lock in an 8.1% yield. A $2,000 TFSA investment can start earning a $13.50 monthly income from next month onwards. CT REIT (TSX: is a safe investment for retirees as the majority of the rent comes from Canadian Tire. The retailer is revamping its growth strategy to boost sales in the current environment in which consumers are spending frugally. The growth strategy involves the opening of new stores, and CT REIT will be given the first preference to carry out the development. CT REIT increases its cash flow by increasing rent by 1.5%, adding new stores, and intensifying existing stores. The REIT passes on the cash flow to unitholders and has increased distributions by 3% for the last 10 years. A $2,000 TFSA investment can start earning a $9.95 monthly income from next month. For emergencies, you can consider stocks that pay quarterly dividends. Telus (TSX:T) passes on a portion of its cash flow from subscriptions to shareholders as dividends. Every year, subscriptions grow as it increases subscriber count and average revenue per user (ARPU). It has been paying dividends for 25 years and growing them annually by 7–10%. However, the company has reduced its dividend growth rate to 3–8% for the 2026–2028 period. This is because regulatory changes have increased price competition, and reduced immigration numbers have slowed new subscriptions, thereby slowing its ARPU. Despite these challenges, Telus can pay a 7.6% yield and grow your income to adjust for inflation. A $2,000 investment can earn $38.30 in TFSA quarterly income from January onwards. Canadian Natural Resources (TSX:CNQ) is a quarterly dividend stock that has been growing its dividend by an average annual rate of 23% for 24 years. CNQ generates cash flow by selling its natural gas and crude oil at market prices. It increases cash flow despite oil and gas price fluctuations by increasing production and shifting its product mix to higher-margin Synthetic Crude Oil. It is a good investment that can pay a 5% dividend yield. A $2,000 investment can start earning $25.20 in TFSA quarterly income from October onwards. You can allocate the $7,000 investment depending on the frequency of the payouts. Monthly income stocks can help cover daily expenses and provide quarterly payouts for those unexpected emergencies. The post Turn Your $7,000 TFSA Contribution Into a Lasting Income Stream appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Puja Tayal has no position in any of the stocks mentioned. The Motley Fool recommends Canadian Natural Resources, Kroger, Slate Grocery REIT, TELUS, and Walmart. The Motley Fool has a disclosure policy. 2025
National Post
16-06-2025
- Business
- National Post
Slate Grocery REIT Announces Distribution for the Month of June 2025
Article content TORONTO — Slate Grocery REIT (TSX: SGR.U) (TSX: (the 'REIT'), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declared a distribution for the month of June 2025 of U.S.$0.072 per class U unit of the REIT ('Class U Units'), or U.S.$0.864 on an annualized basis. Article content Holders of Class U Units may elect to receive their distribution in Canadian dollars and should contact their broker to make such an election. Article content Holders of class A units of the REIT ('Class A Units') will receive a distribution equal to the Canadian dollar equivalent (based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution) of U.S.$0.072 per Class A Unit, unless the unitholder has elected to receive distributions in U.S. dollars. Holders of class I units of the REIT ('Class I Units') will receive a distribution of U.S.$0.072 per Class I Unit, unless the unitholder has elected to receive distributions in Canadian dollars. Holders of units of subsidiaries of the REIT that are exchangeable into Class U Units ('Exchangeable Units') will receive a distribution of U.S.$0.072 per unit. Article content If a holder of Class U Units or Class I Units elects to receive distributions in Canadian dollars, the holder will receive the Canadian dollar equivalent amount of the distribution being paid on the Class U Units or Class I Units, as applicable, based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution. Article content Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on July 15, 2025, to unitholders of record as of the close of business on June 30, 2025. Article content About Slate Grocery REIT (TSX: SGR.U / Article content Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants are expected to provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Visit Article content to learn more about the REIT. Article content , Article content X (Twitter) Article content , and Article content Instagram Article content . Article content Forward-Looking Statements Article content Certain information herein constitutes 'forward-looking information' as defined under Canadian securities laws which reflect management's expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words 'plans', 'expects', 'does not expect', 'scheduled', 'estimates', 'intends', 'anticipates', 'does not anticipate', 'projects', 'believes', or variations of such words and phrases or statements to the effect that certain actions, events or results 'may', 'will', 'could', 'would', 'might', 'occur', 'be achieved', or 'continue' and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Article content Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators. Article content Article content Article content Article content Contacts Article content Article content Article content Article content
National Post
15-05-2025
- Business
- National Post
Slate Grocery REIT Announces Distribution for the Month of May 2025
Article content TORONTO — Slate Grocery REIT (TSX: SGR.U) (TSX: (the 'REIT'), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declared a distribution for the month of May 2025 of U.S.$0.072 per class U unit of the REIT ('Class U Units'), or U.S.$0.864 on an annualized basis. Article content Article content Holders of Class U Units may elect to receive their distribution in Canadian dollars and should contact their broker to make such an election. Article content Holders of class A units of the REIT ('Class A Units') will receive a distribution equal to the Canadian dollar equivalent (based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution) of U.S.$0.072 per Class A Unit, unless the unitholder has elected to receive distributions in U.S. dollars. Holders of class I units of the REIT ('Class I Units') will receive a distribution of U.S.$0.072 per Class I Unit, unless the unitholder has elected to receive distributions in Canadian dollars. Holders of units of subsidiaries of the REIT that are exchangeable into Class U Units ('Exchangeable Units') will receive a distribution of U.S.$0.072 per unit. Article content If a holder of Class U Units or Class I Units elects to receive distributions in Canadian dollars, the holder will receive the Canadian dollar equivalent amount of the distribution being paid on the Class U Units or Class I Units, as applicable, based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution. Article content Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on June 16, 2025, to unitholders of record as of the close of business on May 30, 2025. Article content About Slate Grocery REIT (TSX: SGR.U / Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants are expected to provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Visit to learn more about the REIT. Article content About Slate Asset Management Slate Asset Management is a global investor and manager focused on essential real estate and infrastructure assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners across the real assets space. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit to learn more, and follow Slate Asset Management on LinkedIn, X (Twitter), and Instagram. Article content Forward-Looking Statements Certain information herein constitutes 'forward-looking information' as defined under Canadian securities laws which reflect management's expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words 'plans', 'expects', 'does not expect', 'scheduled', 'estimates', 'intends', 'anticipates', 'does not anticipate', 'projects', 'believes', or variations of such words and phrases or statements to the effect that certain actions, events or results 'may', 'will', 'could', 'would', 'might', 'occur', 'be achieved', or 'continue' and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Article content Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators. Article content Article content Article content Article content Article content Contacts Article content Article content Article content
Associated Press
15-05-2025
- Business
- Associated Press
Slate Grocery REIT Announces Distribution for the Month of May 2025
TORONTO--(BUSINESS WIRE)--May 15, 2025-- Slate Grocery REIT (TSX: SGR.U) (TSX: (the 'REIT'), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declared a distribution for the month of May 2025 of U.S.$0.072 per class U unit of the REIT ('Class U Units'), or U.S.$0.864 on an annualized basis. Holders of Class U Units may elect to receive their distribution in Canadian dollars and should contact their broker to make such an election. Holders of class A units of the REIT ('Class A Units') will receive a distribution equal to the Canadian dollar equivalent (based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution) of U.S.$0.072 per Class A Unit, unless the unitholder has elected to receive distributions in U.S. dollars. Holders of class I units of the REIT ('Class I Units') will receive a distribution of U.S.$0.072 per Class I Unit, unless the unitholder has elected to receive distributions in Canadian dollars. Holders of units of subsidiaries of the REIT that are exchangeable into Class U Units ('Exchangeable Units') will receive a distribution of U.S.$0.072 per unit. If a holder of Class U Units or Class I Units elects to receive distributions in Canadian dollars, the holder will receive the Canadian dollar equivalent amount of the distribution being paid on the Class U Units or Class I Units, as applicable, based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution. Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on June 16, 2025, to unitholders of record as of the close of business on May 30, 2025. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators. SGR-Dist View source version on CONTACT: For Further Information Investor Relations +1 416 644 4264 [email protected] KEYWORD: NORTH AMERICA CANADA INDUSTRY KEYWORD: REIT RETAIL COMMERCIAL BUILDING & REAL ESTATE SUPERMARKET CONSTRUCTION & PROPERTY SOURCE: Slate Grocery REIT Copyright Business Wire 2025. PUB: 05/15/2025 08:00 AM/DISC: 05/15/2025 08:02 AM
