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

RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) declared a dividend on Thursday, March 21st, investing.com reports. Shareholders of record on Thursday, March 28th will be paid a dividend of 0.0684 per share on Friday, April 5th. This represents a yield of 6.18%. The ex-dividend date of this dividend is Wednesday, March 27th. This is a boost from RioCan Real Estate Investment Trust’s previous dividend of $0.07.

RioCan Real Estate Investment Trust Stock Performance

OTCMKTS RIOCF traded up $0.02 on Tuesday, reaching $13.55. The stock had a trading volume of 96,332 shares, compared to its average volume of 48,520. The firm has a fifty day moving average of $13.58 and a two-hundred day moving average of $13.42. RioCan Real Estate Investment Trust has a 1-year low of $11.50 and a 1-year high of $16.21.

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.