Partners REIT (PAR-UN) Shares Cross 7% Yield Mark

In trading on Tuesday, shares of Partners REIT (TSX: PAR-UN.TO) were yielding above the 7% mark based on its monthly dividend (annualized to $0.25), with the stock changing hands as low as $3.52 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.

In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Partners REIT, looking at the history chart for PAR.UN below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 7% annual yield.

START SLIDESHOW:
Click here to find out which 9 other Canadian dividend stocks just recently went ''on sale'' and crossed into new yield territory »

PAR.UN+Dividend+History+Chart

The chart below shows the one year performance of PAR.UN shares:

Partners REIT 200 Day Moving Average Chart

Looking at the chart above, PAR.UN's low point in its 52 week range is $3.36 per share, with $5.27 as the 52 week high point — that compares with a last trade of $3.62.

More from Stocks

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Tesla's Supercharger Network Is Booming -- Here's Why That's a Concern

Tesla's Supercharger Network Is Booming -- Here's Why That's a Concern

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

Tesla CEO Elon Musk Is a Rock Star: Kiss Icon Gene Simmons

Tesla CEO Elon Musk Is a Rock Star: Kiss Icon Gene Simmons

The Best Investment Advice? Stay Diversified

The Best Investment Advice? Stay Diversified