Local businesses brace as U.S. boosts tariffs on some Canadian products to 35%
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Globe and Mail
23 minutes ago
- Globe and Mail
Got $1,000 to Invest in August? These High-Yielding Dividend Stocks Could Turn It Into Nearly $60 of Annual Passive Income.
Key Points EPR Properties pays a monthly dividend yielding over 6%. Vici Properties' payout yields more than 5%. The REITs expect to continue increasing their dividend payments. 10 stocks we like better than EPR Properties › Investing in high-yield dividend stocks is a great way to generate passive income. For example, investing $1,000 in the following companies could yield nearly $60 of annual dividend income: EPR Properties (NYSE: EPR) $500 6.42% $32.10 Vici Properties (NYSE: VICI) $500 5.29% $26.45 Total $1,000 5.85% $58.55 Data sources: Google Finance and author's calculations. Dividend yields are as of July 31. Here's a closer look at these high-quality, high-yielding dividend stocks. EPR Properties EPR Properties is a real estate investment trust (REIT) focused on experiential real estate. The company owns a diversified portfolio of movie theaters, eat-and-play venues, health and fitness properties, attractions, and other entertainment spaces. It leases these properties back to operating tenants, primarily under long-term, triple net leases (NNN s). Those leases provide it with very stable cash flow because tenants cover all property operating costs (including routine maintenance, real estate taxes, and building insurance). The REIT expects its stable portfolio to generate $5 to $5.16 per share of funds from operations (FFO) as adjusted this year. That easily covers its monthly dividend payment of $0.295 per share, or $3.54 annually. It also provides a cushion and surplus cash to invest in more experiential properties. EPR Properties invested $86.3 million into new properties in the first half of this year. Recent investments included acquiring land for $1.2 million and providing $5.9 million in mortgage financing secured by improvements at a health and wellness property in Georgia. It also acquired land for a new eat-and-play property development in Virginia for $1.6 million, which has an expected total cost of $19 million and an anticipated completion in 2026. The company plans to invest $200 million to $300 million in new properties this year. This includes $106 million for experiential development and redevelopment projects it plans to fund over the next 18 months. These investments should grow EPR's FFO and dividend. The REIT raised its payout by 3.5% earlier this year. Vici Properties Fellow REIT Vici Properties also invests in experiential real estate. However, its primary focus is on market-leading gaming, hospitality, wellness, entertainment, and leisure destinations. For example, it owns several iconic casinos along the Las Vegas Strip, including Caesars Palace Las Vegas, MGM Grand, and the Venetian Resort Las Vegas. The REIT also leases its properties under long-term NNN contracts with operating tenants. These leases currently have a weighted average remaining term of over 40 years. A growing subset of its leases -- 42% this year, rising to 90% by 2035 -- link rents to inflation. Its strategy of investing in large properties with long-term, inflation-linked leases provides it with stable and rising rental income. Vici Properties currently pays out $0.4325 per share each quarter in dividends, for a total of $1.73 annually. It produces plenty of cash to cover that payment level -- $2.35 to $2.37 per share of adjusted FFO is expected this year. The REIT uses the cash it retains to invest in additional experiential properties. The company has secured two notable new investments this year. It has agreed to provide a loan of up to $510 million to fund the development of the North Fork Mono Casino & Resort in California. Additionally, Vici has committed to investing $450 million into a mezzanine loan related to the development of One Beverly Hills, a landmark luxury mixed-use development in California. Vici's new investments help drive growth in both its FFO per share and its dividend. The REIT has raised its payment for seven straight years (each year since its formation). It has grown the payout at a 7.4% compound annual rate during that period, outpacing the 2.3% average of other REITs focused on properties secured by NNNs. Excellent ways to generate passive dividend income EPR Properties and Vici Properties own diversified and growing portfolios of experiential real estate. Those properties provide them with rising streams of rental income to pay dividends and invest in additional properties. That makes them great ways to turn $1,000 into a growing stream of passive dividend income this August. Should you invest $1,000 in EPR Properties right now? Before you buy stock in EPR Properties, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and EPR Properties wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025
Globe and Mail
an hour ago
- Globe and Mail
Opendoor Regains Nasdaq Compliance, Cancels Stockholder Meeting
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Opendoor Technologies ( (OPEN)) just unveiled an update. On July 31, 2025, Opendoor Technologies Inc. announced it regained compliance with Nasdaq's minimum bid price requirement, as its stock maintained a closing bid price of at least $1.00 for 12 consecutive business days. Consequently, the company canceled a Special Meeting of Stockholders scheduled for August 27, 2025, which was intended to discuss a reverse stock split, as the Board deemed it unnecessary following the regained compliance. The most recent analyst rating on (OPEN) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Opendoor Technologies stock, see the OPEN Stock Forecast page. Spark's Take on OPEN Stock According to Spark, TipRanks' AI Analyst, OPEN is a Neutral. Opendoor Technologies faces significant financial challenges with declining revenues and negative earnings, leading to a low valuation score. However, technical analysis shows some positive momentum, and the company's strategic initiatives highlighted in the earnings call provide a cautiously optimistic outlook. The overall score reflects these mixed factors, with financial performance being the most significant constraint. To see Spark's full report on OPEN stock, click here. Opendoor Technologies Inc. is a leading e-commerce platform focused on residential real estate transactions, providing a simplified and certain way for people across the U.S. to sell and buy homes. The company operates nationwide and aims to innovate the future of real estate. Average Trading Volume: 175,164,562 Technical Sentiment Signal: Hold Current Market Cap: $1.34B For an in-depth examination of OPEN stock, go to TipRanks' Overview page.
National Post
2 hours ago
- National Post
Sportsnet tennis debacle reveals the have and have nots in Rogers sports empire
As a popular Canadian athlete and Olympic medallist, appearing at the downtown dome to toss out a ceremonial first pitch prior to a recent Blue Jays home game, the cross-promotion made sense for tennis player Felix Auger-Aliassime. Article content A Rogers-sponsored athlete at the Rogers Centre for a Rogers-owned pro team to help pump up an event in which Rogers is the presenting sponsor. Article content Article content Article content All the more reason, then, for those in the Auger-Aliassime camp and Tennis Canada to be miffed at how the Rogers-owned network broadcasting this week's National Bank Open at York University dropped the ball. Article content Sportsnet's decision not to produce its coverage of opening week action of the NBO in both Toronto (men) and Montreal (women) has not sat well with many of the principals involved with Canada's marquee event for the sport. Article content Though reluctant to criticize their broadcast partner directly and publicly, behind the scene Tennis Canada and tournament officials are miffed at Sportsnet's cost-cutting moves during the early rounds, opting for the ATP world feed for the first week of play. Article content (On Saturday through next weekend's finals, Sportsnet's regular, top-notch tennis crews were back in action in both Montreal and Toronto, as were the network's own producers.) Article content Even that development has come with some trimmed corners, however. There will be production crews on site at both venues, as well as those calling the action. Studio coverage will be from Rogers headquarters, however, eliminating the possibility of big-name players dropping by the set for interviews. Article content Article content The most egregious shortfall took place on Wednesday, however, when Auger-Aliassime's match, a tense straight-set loss to Hungary's Fabian Marozsan, was not shown at all on Sportsnet. Tennis Canada officials had purposely scheduled the popular Canadian in prime time and on the stadium court to maximize the audience — a win-win exposure wise. Article content Article content Where the communication broke down between Sportsnet and ATP's in-house folks remains to be seen. Article content 'Obviously what happened, we didn't want that to happen,' Hale said, according to the Canadian Press. 'We're going to have those discussions (on Sportsnet producing the full event in future years.) We've already started it. So I think there will be a better solution going forward as we move along.'
