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, September 21st, investing.com reports. Stockholders of record on Tuesday, October 1st will be given a dividend of 0.0681 per share on Monday, October 7th. This represents a dividend yield of 5.39%. The ex-dividend date is Monday, September 30th. This is a positive change from RioCan Real Estate Investment Trust’s previous dividend of $0.07.

RioCan Real Estate Investment Trust Price Performance

Shares of OTCMKTS RIOCF opened at $15.16 on Friday. RioCan Real Estate Investment Trust has a fifty-two week low of $11.43 and a fifty-two week high of $15.28. The business has a 50-day simple moving average of $13.56 and a two-hundred day simple moving average of $13.11.

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.