First Asset Canadian REIT Income Fund (TSE:RIT) announced a monthly dividend on Wednesday, October 24th, TickerTech reports. Stockholders of record on Wednesday, October 31st will be given a dividend of 0.0675 per share on Wednesday, October 31st. This represents a $0.81 dividend on an annualized basis and a dividend yield of 5.02%. The ex-dividend date is Wednesday, October 24th.
TSE:RIT opened at C$16.13 on Friday. First Asset Canadian REIT Income Fund has a fifty-two week low of C$15.26 and a fifty-two week high of C$17.16.
About First Asset Canadian REIT Income Fund
First Asset Canadian Reit Income Fund (the Fund), formerly First Asset REIT Income Fund, is a Canada-based investment trust. The Fund’s investment objectives is to provide holders with the benefits of high monthly cash distributions together with the opportunity for capital appreciation through the active management of a diversified portfolio of real estate investment trusts (REITs) and real estate corporations that are listed on Canadian stock exchanges.
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