RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) Declares Dividend of $0.07

Posted by Trevor Kearing on May 24th, 2024

RioCan Real Estate Investment Trust (OTCMKTS:RIOCF – Get Free Report) announced a dividend on Friday, May 24th, investing.com reports. Stockholders of record on Monday, June 3rd will be given a dividend of 0.0679 per share on Friday, June 7th. This represents a dividend yield of 6.29%. The ex-dividend date is Friday, May 31st. This is a boost from RioCan Real Estate Investment Trust’s previous dividend of $0.07.

RioCan Real Estate Investment Trust Stock Down 1.6 %

Shares of RIOCF stock opened at $12.74 on Friday. RioCan Real Estate Investment Trust has a one year low of $11.50 and a one year high of $16.06. The stock has a fifty day moving average price of $13.14 and a 200 day moving average price of $13.37.

About RioCan Real Estate Investment Trust

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RioCan is one of Canada's largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at December 31, 2023, our portfolio is comprised of 188 properties with an aggregate net leasable area of approximately 32.6 million square feet (at RioCan's interest) including office, residential rental and 9 development properties.