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

RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) announced a dividend on Thursday, March 21st, investing.com reports. Stockholders of record on Thursday, March 28th will be paid a dividend of 0.0684 per share on Friday, April 5th. This represents a dividend yield of 6.18%. The ex-dividend date is Wednesday, March 27th. This is an increase from RioCan Real Estate Investment Trust’s previous dividend of $0.07.

RioCan Real Estate Investment Trust Price Performance

RIOCF stock traded up $0.02 during trading on Tuesday, reaching $13.55. 96,332 shares of the company were exchanged, compared to its average volume of 48,520. The company has a 50-day moving average of $13.58 and a two-hundred day moving average of $13.42. RioCan Real Estate Investment Trust has a twelve month low of $11.50 and a twelve month high of $16.21.

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.