RioCan Real Estate Investment Trust Declares Dividend of C$0.11 (REI.UN)
RioCan Real Estate Investment Trust (TSE:REI.UN) declared a dividend on Friday, August 15th, Stock Ratings Network.com reports. Stockholders of record on Friday, August 29th will be given a dividend of 0.1081 per share on Monday, September 8th. The ex-dividend date of this dividend is Wednesday, August 27th.
On the ratings front, analysts at Raymond James downgraded shares of RioCan Real Estate Investment Trust from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 11th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of C$28.81.
RioCan Real Estate Investment Trust (TSE:REI) is a closed-end real estate investment trust (REIT).
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