Enjoy a 5.1% yield with RioCan REIT

Enjoy a 5.1% yield with RioCan REIT

This REIT mainly operates retail malls, which suffered at the height of the COVID-19 lockdowns of 2020. As a result, the REIT cut its distributions by a third.

However, most of its tenants have re-opened their stores and the trust is once again raising its… Read More

Re-opening boosts RioCan

RIOCAN REAL ESTATE INVESTMENT TRUST $21 is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 303.9 million; Market cap: $6.4 billion; Price-to-sales ratio: 5.6; Distribution yield: 4.9%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 202 shopping centres and… Read More

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