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Dream Impact TrustMPCT.UN.TOPAST TOP PICKApr 05, 2016Stock price when the opinion was issued
As of Jun 19, 2026. Market Open.
It's managed by Dream Unlimited. They own a lot of condos and mixed-use properties in Toronto. It trades far below NAV and pays nearly an 8% dividend which is safe. It's incredibly cheap now compared to the quality of the assets. Management keeps buying back a lot of shares in the open market. If things don't work out, they could privatize this REIT. But she's confident about it.
(A Top Pick Oct 30/15. Down 6.53%.) Very stable, cash generating assets, and trading at a depressed valuation. Dividend yield of about 7%. Trading at a 40% discount to NAV. Still likes this.