RioCan Real Estate Investment Trust (REI) to Issue Monthly Dividend of $0.12 on October 5th
RioCan Real Estate Investment Trust (TSE:REI) declared a monthly dividend on Friday, September 14th, Zacks reports. Shareholders of record on Friday, September 28th will be given a dividend of 0.12 per share on Friday, October 5th. This represents a $1.44 annualized dividend and a dividend yield of 8.45%. The ex-dividend date is Thursday, September 27th.
Shares of TSE:REI traded up C$0.65 during trading on Wednesday, reaching C$17.05. The company’s stock had a trading volume of 45,889 shares, compared to its average volume of 726,968. RioCan Real Estate Investment Trust has a 12 month low of C$10.88 and a 12 month high of C$17.17.
RioCan Real Estate Investment Trust (TSE:REI) last announced its quarterly earnings results on Wednesday, August 8th. The company reported C$0.35 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.43 by C($0.08). The company had revenue of C$277.85 million for the quarter.
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