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NorthWest Healthcare Properties REIT (TSX: NWH.UN, OTC: NWHUF)

This REIT offers a portfolio of high-quality healthcare real estate comprised of interests in a diversified portfolio of 183 income-producing properties and 15 million square feet of gross leasable area located throughout major markets in the Americas, Europe, and Australasia.


Income Investor

NorthWest announced it is cutting its distribution by 55%, to $0.03 a month, effective immediately. The unit price, which had been trending down for almost a month, dropped another 9% to close Monday at $5.56. That’s down 21% from a recent high of $7.06 on Aug. 29. - Gordon Pape

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NWH.UN was first recommended here on October 16, 2020