Allied Properties: This 9%+ Yield Continues To Be Safe

Allied Properties REIT ( OTC:APYRF )(TSX: AP.UN:CA ) has several tailwinds supporting the stock since I last wrote about it, advantages that have both made the 9%+ distribution all the more solid, and which also could easily push the stock higher.Nelson retired from the corporate world at 39 and now manages his own portfolio full-time. His focus is on under covered and unappreciated Canadian dividend stocks, excellent companies at solid values which happen to pay dividends.Analyst’s Disclosure: I/we have a ...