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Derived from payout historyIncome reliability
Monthly income profile is visible
CRT-UN.TO has an income profile aligned with its reit role. Provider data shows 12 recent payout records.
Market dataIncome framework read
REITTSXCanada
CRT-UN.TO
CT REIT
Real EstateREIT distributionMonthly
Market Snapshot
$17.16
+$0.29 (1.72%)
Toronto
Yield
5.72%
Rate $0.98
Next Payment
—
Ex-date 2026-09-29
52wk Position
45.59%
-9.45% below high
Updated —
Decision Area
Distribution and DRIP Defense
Payout history, default DRIP coverage, and price creep pressure using market data where available.
Distribution Chart
Last 12 payments
Confirmed Expected
Coverage Ratio Test
DRIP defense check
- Cash
- $8.17
- APR
- 0.476
- Coverage
- 0.476
Broken. The dividend no longer covers the target print rate. Top up shares or lower the target print rate.
Price Creep
Defended price ceiling
- Max defended
- $8.17
- Cushion
- -$8.99
- Cushion %
- -52.41%
Current $17.16Break $8.17
Smart Recommendation
CRT-UN.TO is not defended at these inputs; top up shares, lower TPR, or test alternatives.
Research Signals
Payout sustainability
Strong, stable ~72-73%
2mo agoDRIP availability
Likely available
2mo agoTax character
Trust distribution
2mo agoDistribution history
13 increases since 2013 IPO
2mo agoStructure complexity
Simple, but tenant-concentrated
2mo agoIncome trend
Growing
2mo agoAccount suitability
Non-reg: distribution, check ROC
2mo agoStructure Overview
CT Real Estate Investment Trust (CRT.UN) was created by Canadian Tire as a captive real estate vehicle, and Canadian Tire remains over 90% of CT REIT's gross leasable area and annualized rent. The REIT's AFFO payout ratio has held stable in the low-to-mid 70% range, and it has raised distributions 13 times since its 2013 IPO. The tenant concentration is structural, not incidental, and should be understood as a defining feature of this holding.
Canadian Planning Notes
- 1CT REIT distributions typically include a return-of-capital component common to Canadian REITs; confirm the exact breakdown on the REIT's T3 supplementary information.
- 2The 90%+ Canadian Tire tenant concentration means CT REIT's income reliability is directly tied to Canadian Tire's own retail health — a genuinely different risk profile than a diversified REIT.
- 3DRIP is common among Canadian REITs; confirm optional cash purchase support with your broker.
Market Facts
Market Data
A factual market, distribution, valuation, and financial snapshot for this holding.
Canadian Context
Account placement
TFSA
REIT distributions can mix income, capital gains, eligible dividends, and return of capital. Sheltering the holding avoids annual T3 complexity.
RRSP: Also shelters distribution complexity when TFSA room is limited.
Eligible dividend tax credit
- Total credit
- $345.27
- Effective rate
- 34.53%
Broker DRIP status
Questrade
Available
Wealthsimple
Available
RBC Direct Investing
Available
TD Direct Investing
Available
Run Your Numbers
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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.