Get a 4.1% yield from RioCan REIT

Get a 4.1% yield from RioCan REIT

This REIT’s plan to narrow its focus to major urban areas and to diversify into residential properties helped it weather COVID-19 lockdowns. The trust’s recent distribution increase is another sign its strategy is working.

The stock trades at 14.6 times the company’s 2022 cash flow forecast.

RIOCAN… Read More

RioCan can handle Omicron

RIOCAN REAL ESTATE INVESTMENT TRUST $23 is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 317.8 million; Market cap: $7.3 billion; Price-to-sales ratio: 6.2; Distribution yield: 4.2%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 210 shopping centres and… Read More

Gain with mall reopenings

RIOCAN REAL ESTATE INVESTMENT TRUST $22 is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 317.8 million; Market cap: $7.0 billion; Price-to-sales ratio: 6.0; Distribution yield: 4.4%; TSINetwork Rating: Average; www.riocan.com) continues to rebound as its shopping… Read More

Get a 4.3% yield from RioCan REIT

Get a 4.3% yield from RioCan REIT

This firm cut its distributions as retail lockdowns in its key Ontario market hurt rental revenue. However, new developments will cut its exposure to retailers, which should push the units higher in the next few years. 

The REIT still collected 93.9% of its rents in the… Read More

RioCan moves beyond malls to cut your risk

RioCan cut its distributions as retail lockdowns in the key Ontario market hurt rental revenue. However, the REIT’s new developments will cut its exposure to retailers, which should push your units higher in the next few years.
RIOCAN REAL ESTATE INVESTMENT TRUST $20 remains a buy. This… Read More