Rank Artis REIT Preferreds
This compare tool allows you to Rank Artis REIT Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the Artis REIT preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, these tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.
In a market with low volumes you can use this information to identify mispriced shares. Since all preferreds belong to the same issuer, the risk is the same for all of them.
Artis REIT Brief Overview
Visit the Artis REIT company website to see the preferred share prospectus, news and other information.
Sector: Real Estate.
Core businesses and operations:
- Largest diversified commercial real estate investment trusts in Canada.
- portfolio consists of industrial, retail and office properties in Canada and the United States.
The latest information and statistics on their common stock AX, can be easily accessed using websites like TMX Money.
Next Dividend Pay Date: 2020Jun30. Dividend Payment Schedule: 2021MAR31 , 2020JUN30 , 2020SEP30 , 2020DEC31
Next Ex-Dividend Date: 2020Jun18. Ex Dividend Date Schedule: 2021MAR18 , 2020JUN18 , 2020SEP17 , 2020DEC17
Artis REIT Credit Rating
The latest credit rating for Artis REIT are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.
| S&P Corporate | S&P Preferreds | DBRS Long Term | DBRS Preferred's | S&P Global Corporate | S&P Global Preferreds | Moody's LongTerm | Fitch Long Term | Fitch Short Term | PFD-3L |
|---|
Artis REIT Common Share Metrics
| Symbol: AX.UN | Currency: CAD | Market Cap: $1,103,020,692 | Price: $8.13 | P/E: #N/A | P/B: 0.52 | Dividend: $0.135 | Yield: 6.64% | Beta: 0.66 |
Rank Artis REIT Preferreds - Compare Tool.
If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company
| Symbol | Price | 52W High | 52W Low | Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price | Current (Yield | Dividend) | Reset (Yield | Dividend)yield and dividend for the current issue after the upcoming reset | Blended (Yield | Dividend)follow link passed the end of the table to see definition | Reset Date Y/M/D | Rate Increase (percent | to value ) | New Spread (%Increase | value) | Years To Double Initial Investment | Name |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AX-A | $15.9 | $24.27 | $12.75 | 5YR + 4.06% | 08.93% | $1.42 | 07.20% | $1.14 | 07.87% | $1.25 | 2022SEP30 | 057% | 7.20% | 036% | 5.53% | 8.099 | Artis REIT 5.662%, Series A |
| AX-E | $14.62 | $23.51 | $11.98 | 5YR + 3.30% | 09.37% | $1.37 | 06.53% | $0.95 | 08.22% | $1.20 | 2023SEP30 | 070% | 6.53% | 041% | 4.67% | 7.730 | Artis REIT 5.47%, Series E |
| AX-I | $20 | $26.16 | $15.82 | 5YR MIN 6% + 3.93% | 07.50% | $1.50 | 07.50% | $1.5 | 07.50% | $1.5 | 2023APR30 | 024% | 5.56% | 020% | 4.71% | 9.575 | Artis REIT 6.00%, Series I |
Reset Scenarios Based on Various G.O.C. 5 Year Bond Yield Rates
- Scenario 1: 5YR GOC Rate is set at 0.01%
- Scenario 2: 5YR GOC Rate is set at 0.4%
- Scenario 3: 5YR GOC Rate is set at 0.8%
- Scenario 4: 5YR GOC Rate is set at 1.2%
- Scenario 5: 5YR GOC Rate is set at 1.6%
For more information please review our video and/or post. Links available at the bottom of the page
Rank Preferreds - Compare Reset Scenarios
| Credit Rating | Symbol | Reset Date Y/M/D | Current (Yield | Dividend) | 5Yr @ 0.01%. Reset (Yield | Dividend)Scenario: 1 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.01%. | 5Yr @ 0.01%. Blended (Yield | Dividend) | 5Yr @ 0.01%. Rate Increase (percent | to value ) | 5Yr @ 0.4%. Reset (Yield | Dividend)Scenario: 2 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.4%. | 5Yr @ 0.4%. Blended (Yield | Dividend) | 5Yr @ 0.4%. Rate Increase (percent | to value ) | 5Yr @ 0.8%. Reset (Yield | Dividend)Scenario: 3 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.8%. | 5Yr @ 0.8%. Blended (Yield | Dividend) | 5Yr @ 0.8%. Rate Increase (percent | to value ) | 5Yr @ 1.2%. Reset (Yield | Dividend)Scenario: 4 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.2%. | 5Yr @ 1.2%. Blended (Yield | Dividend) | 5Yr @ 1.2%. Rate Increase (percent | to value ) | 5Yr @ 1.6%. Reset (Yield | Dividend)Scenario: 5 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.6%. | 5Yr @ 1.6%. Blended (Yield | Dividend) | 5Yr @ 1.6%. Rate Increase (percent | to value ) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pfd3L | AX-A | 2022SEP30 | 08.93% | $1.42 | 6.40% | $1.02 | 07.42% | $1.18 | 057% | 6.40% | 7.01% | $1.12 | 07.79% | $1.24 | 057% | 7.01% | 7.64% | $1.22 | 08.17% | $1.3 | 057% | 7.64% | 8.27% | $1.32 | 08.55% | $1.35 | 057% | 8.27% | 8.90% | $1.42 | 08.93% | $1.42 | 057% | 8.90% |
| Pfd3L | AX-E | 2023SEP30 | 09.37% | $1.37 | 5.66% | $0.82 | 07.88% | $1.15 | 071% | 5.66% | 6.33% | $0.92 | 08.15% | $1.19 | 071% | 6.33% | 7.01% | $1.03 | 08.44% | $1.23 | 071% | 7.01% | 7.69% | $1.13 | 08.71% | $1.27 | 070% | 7.69% | 8.38% | $1.23 | 08.98% | $1.31 | 071% | 8.38% |
| Pfd3L | AX-I | 2023APR30 | 07.50% | $1.50 | 7.50% | $1.5 | 07.50% | $1.5 | 025% | 7.50% | 7.50% | $1.5 | 07.50% | $1.5 | 025% | 7.50% | 7.50% | $1.5 | 07.50% | $1.5 | 025% | 7.50% | 7.50% | $1.5 | 07.50% | $1.5 | 025% | 7.50% | 7.50% | $1.5 | 07.50% | $1.5 | 025% | 7.50% |
