RioCan Real Estate Investment Trust's board of trustees approved a 2.8% increase to the monthly distribution to Unitholders from $0.09 to $0.0925 per unit commencing with the February 2024 distribution, payable on March 7, 2024 to Unitholders of record as at February 29, 2024. This brings RioCan's annualized distribution to $1.11 per unit and is the third consecutive annual distribution increase as it provide sustainable distribution growth to Unitholders while maintaining its payout ratio targets.
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5-day change | 1st Jan Change | ||
17.53 CAD | -0.17% | -0.09% | -5.88% |
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-5.88% | 3.88B | |
+3.06% | 47.71B | |
-11.17% | 12.75B | |
-17.10% | 12.25B | |
-10.52% | 11.05B | |
-1.30% | 7.73B | |
-4.81% | 6.67B | |
-3.44% | 6.06B | |
-3.92% | 5.9B | |
-7.66% | 4.62B |
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- RioCan Real Estate Investment Trust Approves Monthly Distribution for February 2024, Payable on March 7, 2024