RioCan Real Estate Investment Trust (TSE:REI) Declares Monthly Dividend of $0.09

RioCan Real Estate Investment Trust (TSE:REI) declared a monthly dividend on Tuesday, October 15th, Zacks reports. Stockholders of record on Thursday, October 31st will be paid a dividend of 0.093 per share on Thursday, November 7th. This represents a $1.12 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.

RioCan Real Estate Investment Trust Price Performance

RioCan Real Estate Investment Trust has a 1-year low of C$10.88 and a 1-year high of C$17.17.

RioCan Real Estate Investment Trust (TSE:REI) last released its earnings results on Thursday, August 8th. The company reported C$0.41 EPS for the quarter, missing the consensus estimate of C$0.42 by C($0.01). The company had revenue of C$292.20 million during the quarter.

About RioCan Real Estate Investment Trust

Ring Energy, Inc, an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company’s proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico.