RioCan Real Estate Investment Trust (TSE:REI) to Issue Monthly Dividend of $0.09

RioCan Real Estate Investment Trust (TSE:REIGet Free Report) declared a monthly dividend on Monday, June 17th, Zacks reports. Shareholders of record on Friday, June 28th will be given a dividend of 0.093 per share on Monday, July 8th. This represents a $1.12 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Friday, June 28th.

RioCan Real Estate Investment Trust Price Performance

RioCan Real Estate Investment Trust has a 1 year low of C$10.88 and a 1 year high of C$17.17.

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

Analysts Set New Price Targets

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

Read Our Latest Stock Report on REI

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

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