RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) Plans Dividend Increase – $0.07 Per Share

RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) announced a dividend on Saturday, July 20th, investing.com reports. Shareholders of record on Thursday, August 1st will be given a dividend of 0.0677 per share on Thursday, August 8th. This represents a dividend yield of 6.36%. The ex-dividend date is Wednesday, July 31st. This is a boost from RioCan Real Estate Investment Trust’s previous dividend of $0.07.

RioCan Real Estate Investment Trust Price Performance

OTCMKTS RIOCF opened at $13.06 on Monday. RioCan Real Estate Investment Trust has a twelve month low of $11.48 and a twelve month high of $16.06. The business’s fifty day moving average is $12.55 and its 200 day moving average is $13.10.

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.