New businesses set to spur their dividends

RIOCAN REAL ESTATE INVESTMENT TRUST $26 (Toronto symbol REI.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 303.8 million; Market cap: $7.9 billion; Dividend yield: 5.5%; Dividend Sustainability Rating: Above Average; www.riocan.com) owns all or part of 230 shopping centres and other properties across Canada. They include 14… Read More

Big-city focus cuts RioCan’s risk

RIOCAN REAL ESTATE INVESTMENT TRUST $27 (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 303.8 million; Market cap: $8.2 billion; Price-to-sales ratio: 6.6; Dividend yield: 5.3%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 230 shopping centres and other rental properties in… Read More

Tap into the best REITs

ISHARES S&P/TSX REIT INDEX ETF $18.80 (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) holds all 19 Canadian real estate investment trusts in the S&P/TSX REIT Index. The fund has an MER of 0.61%, and it currently yields a high 4.4%.
The ETF’s top holdings are RioCan REIT (14.1%),… Read More

Q: Pat, I am interested in adding to my REIT holdings and would like to know what your opinion is regarding adding REI.UN and CHP.UN to my TFSA account as opposed to placing them in a cash or registered account.

A: We see both RioCan REIT, $28.58, symbol REI.UN on Toronto, and Choice Properties REIT, $13.33, symbol CHP.UN on Toronto, as buys.

Which account to hold REITs in depends on an individual’s personal tax situation and what else they hold in their overall portfolio. However, here’s… Read More

These top REITs offer income and growth

RIOCAN REAL ESTATE INVESTMENT TRUST $25.83 (Toronto symbol REI.UN; Units outstanding: 304.6 million; Market cap: $7.9 billion; TSINetwork Rating: Average; Dividend yield: 5.6%; www.riocan.com) owns all or part of 233 shopping centres and other properties across Canada. They include 16 projects now under development. In all,… Read More