Shares of RioCan Real Estate Investment Trust (OTCMKTS:RIOCF – Get Free Report) fell 0.8% during trading on Thursday . The company traded as low as $14.32 and last traded at $14.39. 1,980 shares were traded during trading, a decline of 97% from the average session volume of 60,989 shares. The stock had previously closed at $14.51.
RioCan Real Estate Investment Trust Price Performance
The stock’s fifty day simple moving average is $14.27 and its 200-day simple moving average is $13.28.
RioCan Real Estate Investment Trust Cuts Dividend
The company also recently declared a dividend, which will be paid on Thursday, November 7th. Stockholders of record on Friday, November 1st will be given a $0.067 dividend. This represents a dividend yield of 5.6%. The ex-dividend date of this dividend is Thursday, October 31st. RioCan Real Estate Investment Trust’s dividend payout ratio is currently 57.26%.
RioCan Real Estate Investment Trust Company Profile
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.
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