RioCan Real Estate Investment Trust (OTCMKTS:RIOCF – Get Free Report) shares fell 0.4% on Wednesday . The stock traded as low as $13.3775 and last traded at $13.4040. 1,071 shares were traded during trading, a decline of 97% from the average session volume of 38,613 shares. The stock had previously closed at $13.46.
RioCan Real Estate Investment Trust Stock Performance
The firm has a 50-day simple moving average of $13.41 and a two-hundred day simple moving average of $13.24.
RioCan Real Estate Investment Trust Cuts Dividend
The business also recently declared a dividend, which was paid on Friday, December 5th. Investors of record on Monday, December 1st were given a dividend of $0.0688 per share. This represents a yield of 612.0%. The ex-dividend date was Friday, November 28th. RioCan Real Estate Investment Trust’s dividend payout ratio (DPR) is currently 57.26%.
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.
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