To see all exchange delays and terms of use please see disclaimer. If there is a second wave of the dreaded virus, retail-focused REITs will experience another sell-off and trade lower. Does that make this a risky payout? If the REIT has an occupancy rate of 96% and maintains its cash flows near the second-quarter level, buy the stock.

It has become a staple in many portfolios. It collected 55% of April’s rent without issue. Access from your Country was disabled by the administrator. Don’t miss out! RioCan recently completed two residential projects and is … download my free recession-proof portfolio workbook. RioCan has a market cap of $4.8 billion and an enterprise value of $11.2 billion. Investors’ concerns are not overblown, as Dividend Aristocrats Suncor Energy and H&R REIT cut their dividend per share by 55% and 50%, respectively, in May. Real estate investment trusts (REITs) are an option for income and growth investors. CEO Ed Sonshine also came out recently and declared the dividend safe — investors have to like that vote of confidence. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. All rights reserved. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Secondly, over 75% of its tenants are necessity-based, service-oriented retailers that need physical stores. Most REIT dividend cuts will be temporary, as the economy will return to normal eventually after the pandemic passes. The company cut its dividends by 33% to $0.96 per unit from $1.44 in … Here are more quality stocks that you might consider. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. However, three things work in RioCan’s favour. RioCan REIT (TSX:REI.UN) stock fell 2% ahead of its third-quarter earnings on October 29.

Firstly, the company has a diversified tenant base, with no single tenant accounting for more than 5% of its revenue. The biggest challenge in the second quarter was the rent collection. RioCan stock fell from $28 a share to $12.4 a share before it recovered partially to currently trade at $15.25 per share. But there are also significant cracks in the portfolio, with other top tenants like movie theatres and gyms still looking like they’re months away from reopening. Trump's election fate could affect Dr. Fauci's. Should You Buy RioCan REIT for its 6.3% Dividend Yield? Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.



Terraria Mods Nexus, Princesa Leonor Edad, Wapkid Java Games, What Happened To Isabel On Weeds, Land Of Silence Naruto, Belinda Owusu Husband, 6lack Ethnic Background, Nordictrack S15i Assembly, Jim Maxwell Redlettermedia, Fiserv Data Breach 2020, Mcmxiv Poem Analysis, Why Study In Canada Quora, Ark Artifact Island, What Does The Name Krystal Mean In The Bible, Happy Troller Plate Installation, Torvi Vikings Death, Schweiden Adlers Volleyball, Drymax Socks Washing Instructions, Honda Civic Fuel Injector Problem, Piano Cadences Pdf, Corrupted Mind Meaning, Mandola Sudanese Restaurant London, True Detective Who Goes There Script, Judith Scott Sisterlocks, Civilization 6 Cheat Engine, Sile Murphy Cillian, Madlyn Rhue Measurements, Kill Your Producer Song, Remy Elise Disney, Uncharted Mysteries Imdb, Ketu In Satabhisha Nakshatra, Pathfinder Dwarf Names, Drew Sample Playerprofiler, Cutting Horse Documentary, Kw Vs Bilstein, Tamala Park Tip Fees, The Dragon Knight's Beloved Spoilers, ユニチャーム マスク 通販 予約, Mouse Hunt Watch Online, Ess Sap Portal City Of Houston, Telus Theme Packs 2020 Pdf, Benq Pd3200u Refurbished, White Seabass Stones, Dogo Argentino Hawaii, Maiyan Ceremony Items, How To Sell Your Truck On Gigabit Offroad, Nicole Baker Wikipedia, Andrew Crisp Wife, Wstw Football Pool, Negative Energy 5e, No Recoil Command Csgo, Sal Masekela Wife, Spelunky Mods Classic, Babymetal 2020 Members, The Hows Of Us Full Movie Site, Only From The Heart Rumi Meaning, Okanogan Mule Deer Migration, Lana Tisdel Bachman, Lotus Eaters Percy Jackson, Very Order Declined, Markus Persson Wife, Eric Ripert Wife, Types Of Geodes With Pictures, All Lol Dolls, How Long Is Military School, Minecraft Bird Build, Javascript Snake Hacked, Costco Goat Cheese, 29th Arma 3, Scotiabank Gic Login, Why Did The Chicken Cross The Road Political 2020, Curtiss Cook Jr Age, Uninstall Sling Tv, Spongebob Png Meme, Sake Uk Supermarket, Une Barque Sur L'ocean Piano Tutorial, Bash Bish Falls, Michael Conroy Musician, Rat Truck Gta 5 Speed Glitch, Hound Dog Collars Uk, Eagle Molting Process, Konami Password Example,