About Ravelin Properties REIT (SLTTF) β Dividend Analysis 2026
The REIT is an unincorporated, open-ended real estate investment trust governed by the laws of the Province of Ontario pursuant to an amended and restated Declaration of Trust dated as of December 31, 2024, as it may be further amended, supplemented or amended and restated from time to time (the "Declaration of Trust"). The REIT's portfolio consists of 46 commercial properties located in Canada, the United States, and Ireland. The units of the REIT trade on the Toronto Stock Exchange (ΒTSXΒ) under the symbol ΒRPR.UNΒ. On December 27, 2024, the TSX approved a 90-day extension of the remedial delisting review for the REIT, following an initial 120-day review period that began on July 4, 2024 and a subsequent 60-day extension. The review was a response to the REIT's financial condition. The extension was granted based on materials submitted by the REIT in relation to the REIT's plan and activities to restructure the majority of its debt. During this period, the REIT addressed these issues to meet the TSX's requirements. The trading of the REIT's securities was not impacted during the review process. Subsequent to March 31, 2025, the TSX lifted the delisting review. The principal and head office of the REIT is 130 Adelaide St W, Suite 3401, Toronto, Ontario, Canada, M5H 3P5. The registered office of the REIT is 100 King Street West, Suite 3400, Toronto, Ontario, Canada, M5X 1A4.
Is SLTTF a good dividend investment in 2026?
SLTTF offers a 10840.11% forward yield with a 50% payout ratio. Strand Safety Score: 15/100 (Critical Risk). The 5-year dividend CAGR of -50% is modest β investors should weigh current income against growth alternatives.
SLTTF DRIP calculator β what's the difference?
With DRIP on a $10,000 investment over 10 years, your SLTTF portfolio grows to $23975.04M vs $1.11M without reinvestment. This is the compound interest effect in action.
SLTTF dividend growth history & forecast
SLTTF has grown its dividend by 0% over the last year and -50% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 10840.11%.
FCF ($10M) is below dividends paid ($161M) β risk of cut (FCF: $10M Β· Dividends est.: $161M)
Debt Leverage0.0Γ Debt/EBITDA
0 / 30 pts
0/30
Company not generating EBITDA β debt servicing risk is elevated
Earnings Momentum-0.1B β -0.5B β -0.1B
15 / 30 pts
15/30
Net income grew in the latest year β positive but trend is unconfirmed
OVERALL ASSESSMENT
High risk of dividend cut β weak fundamentals across multiple factors.
STRAND SCORE
15
/100
Strand Safety Scoreβ’ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
π SLTTF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold SLTTF.
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
π― SLTTF Income Goal & Break-Even
Dividend Break-Even
1yr
Years for dividends to fully repay your SLTTF investment of $0.02/share (πΊπΈ US Taxable (15%) Β· 15.00% tax)
$10K invested Β· 10 Years
Dividends earned (DRIP)
$7332.95M
Lost to inflation (2.8% CPI)
β$2.5K
Real purchasing power gain
$7332.95M
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in SLTTF for:
Shares needed
14,118
Capital required
$260
Monthly income
$2,000
Based on current dividend of $2.00/share/yr Β· πΊπΈ US Taxable (15%) Β· static projection (no growth assumed).
π SLTTF Dividend Payment Schedule
SLTTF pays quarterly β 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
π°
Apr
May
Jun
π°
Jul
Aug
Sep
π°
Oct
Nov
Dec
π°
10 shares
$4.25 / payment
$17.00 / year after tax
100 shares
$42.50 / payment
$170.00 / year after tax
1,000 shares
$425.00 / payment
$1700.00 / year after tax
π SLTTF vs Real Estate Benchmarks
How SLTTF compares to typical Real Estate averages.
Benchmark: Real Estate
Dividend Yieldβ²+10834.91% vs sectorBetter
SLTTF
10840.11%
avg
5.20%
5Y Dividend CAGRβΌ-54.10% vs sectorBelow avg
SLTTF
-50.00%
avg
4.10%
Payout Ratioβ²-28.00% vs sectorBetter
SLTTF
50.00%
avg
78.00%
Benchmarks: S&P 500 sector averages (2024β2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for SLTTF sourced from FMP /financial-growth endpoint β real data, not estimates.
ποΈ SLTTF Insider Activity
No recent SEC filings reported in the last 90 days.
π
Next Earnings Report: 2026-05-11(in 39 days)
π¬
Financial Health Scores
Altman Z-Score
-1.53
π΄ Distress Zone β elevated dividend cut risk
Safe: >3.0 Β· Grey: 1.81β3.0 Β· Distress: <1.81
Piotroski F-Score
5/9
β οΈ Moderate fundamentals
Strong: 7β9 Β· Moderate: 4β6 Β· Weak: 0β3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores β lower dividend cut risk. Data via FMP financial statements.
π About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the SLTTF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer β