Do to the recent correction, I decided to average down on my trade in my margin account for Dundee REIT. I decided to average down the cost per share was around $2.45 less than what I originally paid. On June 6, I purchased 50 shares of Dundee REIT @32.95 for a total of 1652.45 including commissions.
So I now owe 120 shares of Dundee REIT with an ACB of $34.46. The yield on cost is 6.50%. As this REIT pays monthly, I will get paid $22.40 monthly while I wait for my exit point.