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This 7% Dividend Giant Could Be the Ultimate Retirement Ally

Post By Qayyum Rajan, CFA
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SmartCentres REIT (TSX:SRU.UN) is a Canadian retail-focused REIT that owns and develops shopping centres and mixed-use real estate across Canada. Below is your quick, investor-friendly weekly snapshot—price action, key metrics, growth outlook, and the freshest headlines.

🗓️ What’s moving SRU.UN this week?

Big picture: It’s been a steady income story lately—SRU.UN is holding up with a solid yield while investors watch REIT sentiment and rates.

Notable developments this period:

  • 📰 SmartCentres extended its arrangements with Penguin Group and provided an update on discussions between the parties.

  • 💵 Distribution update: SmartCentres declared its December 2025 distribution of $0.15417/unit, payable Jan 15, 2026 (record date Dec 31, 2025).

  • 📈 Market performance: modest positive momentum over the last ~5 trading days (see table below).

Key Metrics Snapshot

MetricValue
Price (close)$26.17
Weekly move (5-day return)+1.6%
Market cap$3,229M (USD)
P/E17.1
Forward P/E13.2
52-week range$23.18 – $27.21
YTD return+1.6%
Dividend yield (forward)7.1% 💸

Quick vibe check:

  • Overall rating vs peers: 81/100 ⭐⭐⭐⭐☆

  • Valuation rating vs peers: 81/100 ⭐⭐⭐⭐☆

  • Momentum rating vs peers: 53/100 ⭐⭐⭐☆☆

Analyst Insights (What the Street thinks)

ItemValue
Consensus ratingNo data available (0 analysts shown)
Target priceNo target available
Upside potentialN/A
Analyst breakdownStrong Buy: 0 / Buy: 0 / Hold: 0 / Sell: 0 / Strong Sell: 0

📌 Interpretation: This doesn’t mean the stock is “bad”—just that your dataset shows no current analyst coverage/targets for SRU.UN right now, so you’re relying more on fundamentals + income metrics.

Growth Indicators (The forward-looking stuff)

Growth MetricEstimate
Sales growth (next year)+2.7%
EPS growth (next year)+33.8% 🔥
5-year EPS growth estimate+21.0%

Takeaway: Revenue growth looks steady, but earnings growth expectations are meaningfully higher, which can happen with REITs if financing costs, occupancy, or development profitability improves.

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Qayyum Rajan, CFA
Written by

Qayyum Rajan, CFA

Qayyum is the CEO of Wealth Awesome, a leading Canadian personal finance publication. As a CFA charterholder with extensive experience in fintech, data science, and quantitative finance, he brings a unique analytical perspective to investing and wealth management.

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: January 8, 2026
Last Updated: January 8, 2026