First Capital Real Estate Investment Trust
FCR.UN (TSX)
First Capital Real Estate Investment Trust, a diversified REIT specializing in open-air, grocery-anchored shopping centers in high-demand areas, aims to deliver stable returns with a solid dividend yield of 4.56%. Analysts are optimistic, with a consensus target price of C$21.90, reflecting a potential upside from the current share price of C$19.87. With a one-year return of 16.24% and a five-year return of 33.84%, this investment is well-positioned for those seeking reliable income and growth in a robust market.
Pros:
- Strong demographic focus
- Monthly dividend payments
Cons:
- Dependence on retail sector
- Market competition
First Capital Real Estate Investment Trust (FCR.UN) may be a suitable investment for income-focused investors looking for stable returns, given its solid dividend yield of 4.56% and favorable historical performance. With its focus on grocery-anchored shopping centers in high-demand areas, it could appeal to those seeking both growth potential and consistent income in their portfolios.