Is This Dividend Safe?
Is this 6.75% dividend yield actually safe? Here is how Canada's largest retail giants are keeping this REIT's cash flow secure.
What the video says
Walmart pays 30% of this giant's rent. This retail giant is SmartCenters, which is currently maintaining a stable 6.75% dividend yield.
That yield faces upcoming pressure in 2027 when $550 million in unsecured debt must be refinanced. But cash flow remains secured, as anchor tenants like Walmart, Canadian Tire, and Loblaws represent over 30% of gross rental revenue.
