RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) Raises Dividend to $0.07 Per Share

RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) declared a dividend on Wednesday, April 23rd, investing.com reports. Investors of record on Thursday, May 1st will be paid a dividend of 0.0694 per share on Wednesday, May 7th. This represents a yield of 6.7%. The ex-dividend date is Wednesday, April 30th. This is a 2.9% increase from RioCan Real Estate Investment Trust’s previous dividend of $0.07.

RioCan Real Estate Investment Trust Stock Performance

RioCan Real Estate Investment Trust stock opened at $12.27 on Friday. RioCan Real Estate Investment Trust has a 1-year low of $10.91 and a 1-year high of $15.40. The stock’s 50 day moving average price is $12.53 and its 200 day moving average price is $13.03.

About RioCan Real Estate Investment Trust

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.