City Office REIT: 8.8% Dividend Yield From The Preferreds

City Office REIT (NYSE: CIO ) is up 28% over the past year as broad sentiment towards office REITs improves. However, the REIT is still chaning hands at a low multiple to core funds from operations ("FFO"). Core FFO for CIO's fiscal 2024 fourth quarter wasThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth com ...