Market dataIncome framework read
REITTSXCanada

CRT-UN.TO

CT REIT

Real EstateREIT distributionMonthly

Market Snapshot

$18.27

+$0.11 (60.57%)

Toronto

Yield

5.41%

Rate $0.98

Next Payment

—

Ex-date 2026-08-31

52wk Position

79.33%

-3.59% below high

Updated —

Income Intelligence Summary

Deterministic interpretation from Prospyr's income framework and available market data.

Framework readout
1

Income reliability

Derived from payout history

Monthly income profile is visible

CRT-UN.TO has an income profile aligned with its reit role. Provider data shows 12 recent payout records.

2

DRIP defense

Editorial framework

Default DRIP test is not defended

CRT-UN.TO does not cover one full share per payment at the default 100-share test. Coverage is 0.45.

3

Main watch item

Editorial framework

Tax character and account placement matter

CRT-UN.TO is a REIT-style holding. The headline distribution can mix income, capital gains, and return of capital, so taxable-account reporting and account placement deserve attention.

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

Failed
Cash
$8.17
APR
0.447
Coverage
0.447

Rung failed. Restore immediately or rebalance the holding.

Price Creep

Defended price ceiling

Max defended
$8.17
Cushion
-$10.10
Cushion %
-55.30%
Current $18.27Break $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%

1mo ago

DRIP availability

Likely available

1mo ago

Tax character

Trust distribution

1mo ago

Distribution history

13 increases since 2013 IPO

1mo ago

Structure complexity

Simple, but tenant-concentrated

1mo ago

Income trend

Growing

1mo ago

Account suitability

Non-reg: distribution, check ROC

1mo ago

Structure 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.

Market Data

Market data

Updated facts where available

Price

$18.27

Previous close

$18.16

Day range

$18.12 - $18.28

52wk range

$15.66 - $18.95

Market cap

4.4B

Volume

237K

Avg volume

215.1K

Exchange

Toronto

Dividend and distribution

Forward rate

$0.98

Trailing rate

$0.96

Forward yield

5.41%

Trailing yield

5.26%

Per payment

$0.08

Cadence

Monthly

Next ex-date

Aug 31, 2026

Next pay

Aug 17, 2026

Last dividend

$0.08

Last dividend date

Jul 31, 2026

Performance

Daily change

$0.11

Daily change %

60.57%

52wk position

79.33%

Below 52wk high

-3.59%

Above 52wk low

16.67%

Open

$18.16

Earnings and financials

Trailing EPS

1.92

Forward EPS

1.33

Revenue

618.3M

Revenue growth

4.60%

Profit margin

41.14%

Operating margin

73.86%

Payout ratio

N/A

Free cash flow

256.3M

Total cash

11.9M

ROE

12.56%

ROA

3.76%

Debt/equity

70.76

Beta

0.85

Valuation

Trailing P/E

9.52

Forward P/E

13.74

Price/sales

7.06

Price/book

2.13

Enterprise value

10.1B

EV/EBITDA

N/A

Analyst facts

Target mean

$18.72

Target high

$19.25

Target low

$18.00

Recommendation mean

3

Recommendation key

hold

Analysts

9

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

Carry this holding into a calculator

Use a planning tool that matches this holding's structure, payout timing, and income use case.

Run dividend calculationTest DRIP durability

Compare With Peers

Similar income profiles

Compare in Dividend Compare Engine

AP-UN.TO

Allied Properties REIT

Monthly

AX-UN.TO

Artis REIT

Monthly

BEI-UN.TO

Boardwalk REIT

Monthly

Related Holdings

CAR-UN.TO

Canadian Apartment Properties REIT

Monthly

REI-UN.TO

RioCan REIT

Monthly

SRU-UN.TO

SmartCentres REIT

Monthly

ZRE.TO

BMO Equal Weight REITs Index ETF

Monthly

BNS.TO

Bank of Nova Scotia

Quarterly

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.