RioCan Real Estate Investment Trust (REI) to Issue Monthly Dividend of $0.09 on August 8th

RioCan Real Estate Investment Trust (TSE:REIGet Free Report) announced a monthly dividend on Monday, July 15th, Zacks reports. Investors of record on Wednesday, July 31st will be given a dividend of 0.093 per share on Thursday, August 8th. This represents a $1.12 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Wednesday, July 31st.

RioCan Real Estate Investment Trust Price Performance

RioCan Real Estate Investment Trust has a 52 week low of C$10.88 and a 52 week high of C$17.17.

RioCan Real Estate Investment Trust (TSE:REIGet Free Report) last announced its quarterly earnings results on Tuesday, May 7th. The company reported C$0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.44 by C($0.01). The company had revenue of C$303.39 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Scotiabank cut shares of RioCan Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 14th.

Check Out Our Latest Report on RioCan Real Estate Investment Trust

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Dividend History for RioCan Real Estate Investment Trust (TSE:REI)

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