CT REIT: New Distribution Hike Pushes Yield To 6.7% At 74% Payout Ratio

Debt Principal Repayments¹ $700 7.00% $600 6.00% 5.00% $500 $400 4.009 $300 $200 2.00% $100 1.00% 0.00% $0 2033 CT REIT Investor Relations In a worst-ease scenario and assuming the average cost of debt increases to 5.25% on average (I don't expect this to happen as the Bank of Canada has started to reduce its interest rates while some of CT REIT's cheap fixed rate debt will keep the average below 5.25% even if new debt has to be issued with a higher coupon), the interest expenses would increase by just unde ...