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

RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) announced a dividend on Tuesday, December 24th,investing.com reports. Stockholders of record on Wednesday, January 1st will be given a dividend of 0.065 per share on Wednesday, January 8th. This represents a dividend yield of 6.14%. The ex-dividend date is Tuesday, December 31st.

RioCan Real Estate Investment Trust Stock Performance

OTCMKTS:RIOCF opened at $12.73 on Wednesday. RioCan Real Estate Investment Trust has a fifty-two week low of $11.43 and a fifty-two week high of $15.40. The company’s 50-day simple moving average is $13.55 and its 200-day simple moving average is $13.46.

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.