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 | ||
17.66 CAD | +0.11% | +1.20% | -5.16% |
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-5.16% | 3.87B | |
+3.67% | 48.22B | |
-11.22% | 12.8B | |
-20.41% | 11.38B | |
-12.43% | 10.96B | |
-3.20% | 7.79B | |
-4.86% | 6.74B | |
-4.66% | 5.84B | |
-7.31% | 5.5B | |
-7.17% | 4.74B |
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- RioCan Real Estate Investment Trust Approves Monthly Distribution for February 2024, Payable on March 7, 2024