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RioCan Real Estate Investment Trust T.REI.UN

Alternate Symbol(s):  RIOCF

RioCan Real Estate Investment Trust is a Canada-based real estate investment trust. The Company owns, manages and develops retail-focused, mixed-use properties. Its portfolio includes leasing, development, and residential. The Company’s properties are held by various tenants, such as grocery, pharmacy, liquor, personal services, and specialty and value retailers. Its portfolio comprises approximately 187 properties with an aggregate net leasable area of approximately 33 million square feet. Its properties include 1293 Bloor Street West; 145 Woodbridge Avenue; 1556 Bank Street; 1650 -1660 Carling Avenue; 1860 Bayview; 1946 Robertson Road; 2422 Fairview Street, and others. Its properties for commercial lease, including grocery anchored, open air, mixed-use/urban, and enclosed centers. Its residential brand, RioCan Living, delivers purpose-built rental units and condos. 1293 Bloor Street West is located at the intersection of Lansdowne Ave & Bloor Street in Toronto.


TSX:REI.UN - Post by User

Post by gasholeon Jan 03, 2021 3:58pm
214 Views
Post# 32212153

How it works

How it worksI'm talking about dividends for those that really don't get it.... there is some personal information here but I don't mind disclosing it..... I am the President of a corporation that has shares there are three shareholders... Last year 2019 I took a salary as president of the company of $57,500 and I also took dividends from the company amounting to $225,000.. my wife is also a shareholder and she took $25,000 in dividends...... the other shareholder does not take anything from the corporation they are really not involved in the business and have no true ownership.... last year at the end of the year I ended up with an additional $150,000 in my business bank account after salary and dividends were paid... this year I took a salary of $57,500 the same as last year but I only took dividends $125,000 (100,000 less than last year) my wife also took the same amount $25,000 as she did last year.... .. but at the end of the year my sales were higher than last year but for all intents and purposes I ended up with $270,000 more in my business account than I did the prior-year..... if my sales and margins were exactly the same as the prior-year I would have be left with an extra $150,000 in my corporate account mainly due to the fact that I took $100,000 less in dividends... so you can see that because I took less dividends it kept more money in my corporate bank account.... FYI, it works the same for large companies as well when they do not pay out all their extra cash in dividends they keep the money in their bank account.... this then allows them more free cash to expand or pay down debt.... for me what it means is I can expand my business much more easily because I am not paying out all my corporate earnings in dividends every year and salaries...
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