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Bullboard - Stock Discussion Forum 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... see more

TSX:REI.UN - Post Discussion

RioCan Real Estate Investment Trust > If they don't get the yield up > 7%..
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Post by Cheadle12 on Feb 25, 2021 1:19am

If they don't get the yield up > 7%..

without the stock dropping given the same payout, then this company should be named..

"Rio-Cant".

Such a low yield relative to many other REIT's & trusts.

Inovalis, SmartCentre, ChemTrade to name just a few.. all 7,8% yield.

All the midstream Energy companies are all 7+% yields too.
Comment by materialsgirl on Feb 25, 2021 10:01am
Cheadle; You are barking up a tree and there is nobody there to listen. Like you, I would prefer an increased payout. However, they need money in 2021 for development  and they just dropped the monthly distribution by 33% this month.  So.  It is almost certain that they will not reverse that move for at least one year.   The BIG reason for the  cut was to retain a ...more  
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