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

RioCan Real Estate Investment Trust (TSE:REI) announced a monthly dividend on Monday, September 16th, Zacks reports. Stockholders of record on Monday, September 30th will be given a dividend of 0.093 per share on Monday, October 7th. This represents a $1.12 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Monday, September 30th.

RioCan Real Estate Investment Trust Stock Performance

RioCan Real Estate Investment Trust has a fifty-two week low of C$10.88 and a fifty-two week high of C$17.17.

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