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Is anyone following EPR Properties? Since they invest in experiential properties, which seemed like a great way to go before Covid 19, however now I think it may take longer for their properties to open up up to customers, because of Covid 19, I was wondering if anyone has any ideas on whether you think it is a good idea to sell it at a loss, since it has stopped paying a dividend, which is what I bought it for, and I have no idea when it will start being profitable and paying a dividend again.

I'm wondering if i should just take my losses and use the cash to buy something that pays a dividend. I own it in two retirement accounts. I don't really need the cash right now, but as i see it going down to below 50% loss, I wonder if I should take my losses and move on. The rest of my portfolio is doing really well.

Thanks. Be Well, Be Happy, Be Prosperous.

Sharon R
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Sharon
I too hold EPR as it has always been pretty well run.

The bad news it whacked its common dividend to $zero. The good news is management claimed a couple of weeks ago it was at 81% of properties 'open' and it is continuing its preferred dividend.

It's going to be tough for companies who rely on close-proximity people businesses like sports arenas, fitness centers, theaters and restaurants as long as the virus phobia is with us. I shed AHT preferred at a loss as I don't think AHT is nearly as well run as EPR. For now, I'm holding my shares.

BruceM
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Hi Sharon!

I concur with Bruce: REITs like EPR, SKT, SPG, MAC, to name just a few, will have a long road coming back to where they were before the onslaught of this COVID pandemic.

David
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I'm getting my ass handed to me with EPR and CLDT.
Waiting this mess out. I concur with Bruce.

~~ MrMax ~~
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How has the 11+% drop today treated people.
My crying towel is really really wet. :)
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Max,

Did any news come out that caused EPR's decline today?

I have a list of about 20 stocks to buy in December, or earlier, on any significant price weakness such as tax loss selling.

The list includes 3 REITs - CORR, SHO, & EPR.

Regards,

VM
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VM

The news was Cineworld shutting down their theaters in US and UK.
EPR dropped 11%+ Monday. Now where did I leave my crying towel.
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https://www.cnbc.com/2020/10/05/ceo-of-regal-cinemas-owner-o...

Regal also closing all its USA and UK theaters.

John
Sold my EPR in late June.
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Thanks John and Max for the info.

Just reviewed EPR's portfolio and at 46% theaters they have ONE big problem!

Thanks,

VM
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If I recollect Regal is part of the Cineworld holdings?
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Thanks Bruce, & everyone else for your responses. EPR is down over 60% since i bought it so i decided that I just may wait it out to see if the stock comes back over time. I was reading a Motley Fool article that said one of the biggest risks is if AMC goes bankrupt, but there are a couple of Motley Fool articles that agree that it might be worth holding. I appreciate everyone's responses.

Be Well, Be Happy, Be Prosperous,

Sharon R
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