First Asset Canadian REIT Income Fund Declares Monthly Dividend of $0.07 (RIT)
First Asset Canadian REIT Income Fund (TSE:RIT) announced a monthly dividend on Friday, November 23rd, TickerTech reports. Stockholders of record on Friday, November 30th will be given a dividend of 0.0675 per share on Friday, November 30th. This represents a $0.81 dividend on an annualized basis and a dividend yield of 4.95%. The ex-dividend date is Friday, November 23rd.
TSE RIT opened at C$16.37 on Thursday. First Asset Canadian REIT Income Fund has a 1-year low of C$15.26 and a 1-year high of C$17.16.
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About First Asset Canadian REIT Income Fund
First Asset Canadian Reit Income Fund (the Fund), formerly First Asset REIT Income Fund, is a Canada-based investment trust. The Fund’s investment objectives is to provide holders with the benefits of high monthly cash distributions together with the opportunity for capital appreciation through the active management of a diversified portfolio of real estate investment trusts (REITs) and real estate corporations that are listed on Canadian stock exchanges.
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