RioCan Real Estate Investment Trust Set to Announce Earnings

RioCan Real Estate Investment Trust (TSE:REI – Get Free Report) is scheduled to release its quarterly earnings reports following the market closure on Monday, November 11th. Analysts have forecast that the company will report earnings of C$0.43 per share for this quarter.

Previously, RioCan Real Estate Investment Trust announced its earnings on August 8th, where it reported earnings per share of C$0.41. This result was below the expected consensus estimate of C$0.42 by C($0.01). In that quarter, the company generated C$292.20 million in revenue.

Performance of RioCan Stock

The stock of RioCan Real Estate Investment Trust has experienced fluctuations within the past year, with a 52-week low recorded at C$10.88 and a 52-week high of C$17.17.

Recent Dividend Declaration

In addition to its earnings announcement, RioCan recently declared a monthly dividend. The dividend was distributed to stockholders on November 7th, who were on record as of October 31st. Shareholders received a dividend of $0.093, which translates to an annualized dividend of $1.12 and a yield that has yet to be specified, since it was reported as infinity.

Overview of RioCan Real Estate Investment Trust

RioCan focuses on providing opportunities in the Canadian real estate market and emphasizes maximizing returns for its stakeholders through strategic investments in real estate.

Earnings, RealEstate, Stocks