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Editorial frameworkIncome reliability
Income record needs more seasoning
HOT-UN.TO has a less proven income record. Treat the stated cadence as a starting point and verify issuer payout policy before relying on it.
Market dataIncome framework read
REITTSXCanada
HOT-UN.TO
American Hotel Income Properties REIT
Real EstateREIT distributionMonthly
Market Snapshot
$0.50
-$0.02 (-3.85%)
Toronto
Yield
N/A
Rate N/A
Next Payment
Payment date passed
Ex-date 2023-10-30
52wk Position
72.73%
-15.25% below high
Updated just now
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
Distribution history is not available for this holding.
Coverage Ratio Test
DRIP defense check
- Cash
- $1.50
- APR
- 3.000
- Coverage
- 3.000
Fortress level. Selectively used for highest-priority rungs.
Price Creep
Defended price ceiling
- Max defended
- $1.50
- Cushion
- $1.00
- Cushion %
- 200.00%
Current $0.50Break $1.50
Smart Recommendation
HOT-UN.TO is inside the defended DRIP zone at these inputs; monitor price creep before adding new capital.
Research Signals
Research in progress
DRIP availability
Available
Tax character
Mixed
Distribution history
Monthly distributions, shorter history
Growth-to-Income Holding
This is a growth-focused holding where current yield may not support near-term income goals. Use the Portfolio Conversion Tool to model when this position generates your target monthly income.
Open Portfolio Conversion ToolStructure Overview
This is a real estate investment trust that owns or finances income-producing real estate and distributes a portion of net income to unitholders. REIT distributions commonly include a mixture of other income, return of capital, and capital gains—each taxed differently in a non-registered account. Holding REITs inside a registered account (RRSP, RRIF, or TFSA) shelters the mixed distribution components from annual tax.
Canadian Planning Notes
- 1REIT distributions held in a non-registered account require tracking the return-of-capital component, which reduces your adjusted cost base and affects future capital gains calculations.
- 2Holding a REIT inside an RRSP or RRIF is generally the most tax-efficient placement for Canadians, as all distribution components are sheltered.
- 3Verify the payout ratio, occupancy rates, and lease expiry schedule with the REIT's most recent management discussion and analysis before planning around the current distribution.
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
Carry this holding into a calculator
Use a planning tool that matches this holding's structure, payout timing, and income use case.
Related Holdings
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.