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Derived from payout historyIncome reliability
Monthly income profile is visible
HR-UN.TO has an income profile aligned with its reit role. Provider data shows 12 recent payout records.
Market dataIncome framework read
REITTSXCanada
HR-UN.TO
H&R REIT
Real EstateREIT distributionMonthly
Market Snapshot
$11.04
+$0.04 (36.36%)
Toronto
Yield
5.43%
Rate $0.60
Next Payment
Payment date passed
Ex-date 2026-06-30
52wk Position
48.82%
-13.55% 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
Coverage Ratio Test
DRIP defense check
- Cash
- $5.00
- APR
- 0.453
- Coverage
- 0.453
Rung failed. Restore immediately or rebalance the holding.
Price Creep
Defended price ceiling
- Max defended
- $5.00
- Cushion
- -$6.04
- Cushion %
- -54.71%
Current $11.04Break $5.00
Smart Recommendation
HR-UN.TO is not defended at these inputs; top up shares, lower TPR, or test alternatives.
Research Signals
Payout sustainability
Moderate
1mo agoDRIP availability
Available
1mo agoTax character
Distribution / ROC
1mo agoDistribution history
5–10 yr track
1mo agoStructure complexity
Moderate
1mo agoIncome trend
Stable
1mo agoAccount suitability
RRSP / RRIF optimal
1mo agoStructure Overview
H&R REIT (HR.UN) is a diversified Canadian REIT owning office, industrial, residential, and retail properties. HR.UN cut its distribution during COVID-19 and has been repositioning its portfolio toward industrial and residential while reducing office exposure. The post-cut distribution is at a lower but more defensible level relative to the property mix being built.
Canadian Planning Notes
- 1HR.UN's 2020 distribution cut and subsequent portfolio repositioning make pre-2020 history less relevant for forward planning; focus on post-2021 metrics.
- 2REIT distributions include ROC; RRSP or RRIF placement removes the annual ACB complexity.
- 3DRIP is available; monitor the office-to-industrial/residential portfolio transition progress in each quarterly report.
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.