Canadian Net Real Estate Investment Trust Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Kevin Henley

Chief executive officer

CA$244.5k

Total compensation

CEO salary percentage	60.3%
CEO tenure	1.1yrs
CEO ownership	0.3%
Management average tenure	no data
Board average tenure	7yrs

Recent management updates

Recent updates

We Ran A Stock Scan For Earnings Growth And Canadian Net Real Estate Investment Trust (CVE:NET.UN) Passed With Ease

Nov 20

The CEO Of Fronsac Real Estate Investment Trust (CVE:FRO.UN) Might See A Pay Rise On The Horizon

May 15

Here's Why I Think Fronsac Real Estate Investment Trust (CVE:FRO.UN) Is An Interesting Stock

Mar 08

Is Fronsac Real Estate Investment Trust's (CVE:FRO.UN) 10% ROE Better Than Average?

Feb 01

CEO Compensation Analysis

How has Kevin Henley's remuneration changed compared to Canadian Net Real Estate Investment Trust's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	CA$244k	CA$148k	CA$18m
Sep 30 2023	n/a	n/a	CA$5m
Jun 30 2023	n/a	n/a	CA$990k
Mar 31 2023	n/a	n/a	-CA$3m
Dec 31 2022	CA$162k	CA$100k	-CA$6m
Sep 30 2022	n/a	n/a	CA$10m
Jun 30 2022	n/a	n/a	CA$22m
Mar 31 2022	n/a	n/a	CA$26m
Dec 31 2021	CA$166k	CA$96k	CA$25m
Sep 30 2021	n/a	n/a	CA$18m
Jun 30 2021	n/a	n/a	CA$9m
Mar 31 2021	n/a	n/a	CA$6m
Dec 31 2020	CA$86k	CA$80k	CA$10m
Sep 30 2020	n/a	n/a	CA$8m
Jun 30 2020	n/a	n/a	CA$11m
Mar 31 2020	n/a	n/a	CA$8m
Dec 31 2019	CA$76k	CA$70k	CA$4m
Sep 30 2019	n/a	n/a	CA$994k
Jun 30 2019	n/a	n/a	-CA$3m
Mar 31 2019	n/a	n/a	-CA$3m
Dec 31 2018	CA$61k	CA$55k	-CA$2m
Sep 30 2018	n/a	n/a	CA$4m
Jun 30 2018	n/a	n/a	CA$4m
Mar 31 2018	n/a	n/a	CA$4m
Dec 31 2017	CA$10k	CA$10k	CA$5m

Compensation vs Market: Kevin's total compensation ($USD178.11K) is about average for companies of similar size in the Canadian market ($USD175.62K).

Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.

CEO

Kevin Henley

1.1yrs

Tenure

CA$244,459

Compensation

Mr. Kevin Henley had been Chief Financial Officer of Canadian Net Real Estate Investment Trust (formerly known as Fronsac Real Estate Investment Trust) since November 7, 2017 until June 01, 2021 and served...

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Zakuta	Independent Trustee	12yrs	CA$4.85k	5.77% CA$ 5.9m
Michel Trudeau	Independent Chairman of the Board of Trustees	6yrs	CA$12.13k	2.38% CA$ 2.4m
Guy Laframboise	Independent Trustee	9.7yrs	CA$6.79k	3.8% CA$ 3.9m
Francois-Olivier Laplante	Independent Trustee	8.1yrs	CA$4.85k	1.58% CA$ 1.6m
Sandrine Debbanné	Independent Trustee	less than a year	no data	0.027% CA$ 27.2k
Rita Ghorayeb	Independent Trustee	less than a year	no data	1.57% CA$ 1.6m

7.0yrs

Average Tenure

Experienced Board: NET.UN's board of directors are considered experienced (7 years average tenure).

Canadian Net Real Estate Investment Trust Management

Management criteria checks 3/4

Key information

Recent management updates

Canadian Net Real Estate Investment Trust, Annual General Meeting, May 21, 2024

Independent Trustee recently bought CA$50k worth of stock

Independent Trustee recently bought CA$50k worth of stock

Independent Trustee recently bought CA$102k worth of stock

Independent Trustee recently bought CA$109k worth of stock

Independent Trustee recently bought CA$60k worth of stock

Recent updates

Dividend of CA$0.029 announced

Upcoming dividend of CA$0.029 per share

Dividend of CA$0.029 announced

Full year 2023 earnings released

Canadian Net Real Estate Investment Trust, Annual General Meeting, May 21, 2024

Upcoming dividend of CA$0.029 per share

Dividend of CA$0.029 announced

Upcoming dividend of CA$0.029 per share at 6.9% yield

Canadian Net Real Estate Investment Trust to Report Q4, 2023 Results on Mar 19, 2024

Upcoming dividend of CA$0.029 per share at 7.0% yield

Upcoming dividend of CA$0.029 per share at 7.2% yield

Third quarter 2023 earnings released

Upcoming dividend of CA$0.029 per share at 7.0% yield

Price target decreased by 7.3% to CA$5.78

Upcoming dividend of CA$0.029 per share at 7.4% yield

An unknown buyer acquired A Restaurant In Trois-Rivières, Quebec from Canadian Net Real Estate Investment Trust for CAD 1.3 million.

Upcoming dividend of CA$0.029 per share at 7.1% yield

Second quarter 2023 earnings released

Upcoming dividend of CA$0.029 per share at 6.6% yield

Independent Trustee recently bought CA$50k worth of stock

Upcoming dividend of CA$0.029 per share at 7.0% yield

Independent Trustee recently bought CA$50k worth of stock

Upcoming dividend of CA$0.029 per share at 6.5% yield

Independent Trustee recently bought CA$102k worth of stock

Price target decreased by 9.7% to CA$6.59

Canadian Net Real Estate Investment Trust Announces Monthly Distributions for the Months of July, August and September 2023, Payable on July 31, 2023, August 31, 2023 and September 29, 2023 Respectively

First quarter 2023 earnings released

Upcoming dividend of CA$0.029 per share at 6.3% yield

Independent Trustee recently bought CA$109k worth of stock

Upcoming dividend of CA$0.029 per share at 6.2% yield

Independent Trustee recently bought CA$60k worth of stock

Full year 2022 earnings released: FFO per share: CA$0.6 (vs CA$0.58 in FY 2021)

Upcoming dividend of CA$0.029 per share at 5.4% yield

Upcoming dividend of CA$0.029 per share at 5.0% yield

Upcoming dividend of CA$0.029 per share

Upcoming dividend of CA$0.028 per share

Third quarter 2022 earnings released

Canadian Net Real Estate Investment Trust Announces Distribution for the Months of January, February and March 2023, Payable on January 31,2023, February 28, 2023 and March 31, 2023

We Ran A Stock Scan For Earnings Growth And Canadian Net Real Estate Investment Trust (CVE:NET.UN) Passed With Ease

Insufficient new directors

Upcoming dividend of CA$0.028 per share

Price target decreased to CA$8.19

Upcoming dividend of CA$0.028 per share

Upcoming dividend of CA$0.028 per share

Second quarter 2022 earnings released

Canadian Net Real Estate Investment Trust Announces Monthly Distributions, Payable on October 31, 2022, November 30, 2022, and December 30, 2022 Respectively

Upcoming dividend of CA$0.028 per share

Canadian Net Real Estate Investment Trust (TSXV:NET.UN) agreed to acquire 53,151 square-foot hardware store operated under the Rona banner in Chateauguay, Quebec for CAD 8.3 million.

Upcoming dividend of CA$0.028 per share

Upcoming dividend of CA$0.028 per share

First quarter 2022 earnings released

Canadian Net Real Estate Investment Trust Announces Monthly Distributions, Payable on July 29, 2022, August 31, 2022, and September 30, 2022 Respectively

Canadian Net Real Estate Investment Trust (TSXV:NET.UN) acquired 30,500 Square Foot Retail Store in Truro, Nova Scotia.

Canadian Net Real Estate Investment Trust (TSXV:NET.UN) acquired 30,500 Square Foot Retail Store in Truro, Nova Scotia.

Upcoming dividend of CA$0.028 per share

Insufficient new directors

Independent Trustee exercised options to buy CA$82k worth of stock.

Upcoming dividend of CA$0.028 per share

Upcoming dividend of CA$0.028 per share

Independent Trustee exercised options to buy CA$80k worth of stock.

Independent Trustee exercised options to buy CA$81k worth of stock.

Upcoming dividend of CA$0.028 per share

Canadian Net Real Estate Investment Trust (TSXV:NET.UN) acquired 29,904 square-foot retail property in Verchères, QC for CAD 6.5 million.

Upcoming dividend of CA$0.028 per share

Canadian Net Real Estate Investment Trust (TSXV:NET.UN) acquired 111,118 Square Foot Standalone Retail Property in Collingwood, ON for CAD 23.4 million.

Upcoming dividend of CA$0.025 per share

Insufficient new directors

Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of CA$0.025 per share