RioCan Real Estate Investment Trust (TSE:REI) announced a monthly dividend on Wednesday, August 16th, Zacks reports. Investors of record on Thursday, August 31st will be given a dividend of 0.117 per share on Friday, September 8th. This represents a $1.40 annualized dividend and a yield of Infinity. The ex-dividend date of this dividend is Tuesday, August 29th.

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RioCan Real Estate Investment Trust Company Profile

RioCan Real Estate Investment Trust (RioCan) is a Canada-based unincorporated closed-end real estate investment trust. The Trust owns and manages Canada’s portfolio of shopping centers with ownership interests in a portfolio of approximately 300 retail and mixed use properties, including approximately 15 properties under development, containing an aggregate net leasable area (NLA) of approximately 46,973,000 square feet.

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