riocan
Toronto symbol REI.UN, is Canada’s largest REIT. It specializes in large, Big Box-style retail shopping centres.
For 2025, we’ve selected TC Energy, Cisco Systems and RioCan REIT as our top three picks for dividend investors.
All three offer investors high, sustainable dividend yields. Their high-quality businesses will also let them keep raising their dividends for years to come....
All three offer investors high, sustainable dividend yields. Their high-quality businesses will also let them keep raising their dividends for years to come....
The last couple of years, higher interest rates increased the appeal of bonds and hurt that of REITs. Still, with rates now falling, Choice Properties and RioCan remain excellent ways for investors to earn high, steady income. We see both as buys.
CHOICE PROPERTIES REIT, $13.94, is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Units o/s: 327.9 million; Market cap: $10.1 billion; TSINetwork Rating: Average; Dividend yield: 5.5%; www.choicereit.ca) owns 705 retail, industrial, office space and residential properties with 66.2 million square feet of gross leasable area....
RioCan REIT offers a high 5.8% dividend yield and is experiencing stronger leasing activity.
RIOCAN REAL ESTATE INVESTMENT TRUST $20 is a buy. The REIT (Toronto symbol REI.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 300.5 million; Market cap: $6.0 billion; Distribution yield: 5.6%; Dividend Sustainability Rating: Above Average; www.riocan.com) owns all or part of 187 shopping centres and other properties across Canada, including eight under development....
SUNCOR ENERGY INC. $49 is a buy. The company (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.3 billion; Market cap: $63.7 billion; Price-to-sales ratio: 1.2: Dividend yield: 4.4%; TSINetwork Rating: Average; www.suncor.com) is using self-driving trucks at its oil sands projects in Alberta to cut its production costs....
The last couple of years, higher interest rates have increased the appeal of bonds and hurt REITs. Still, Choice Properties and RioCan remain excellent ways for investors to earn income, especially with rates now falling. We see both as buys.
CHOICE PROPERTIES REIT, $14.92, is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Units o/s: 327.9 million; Market cap: $10.8 billion; TSINetwork Rating: Average; Dividend yield: 5.1%; www.choicereit.ca) owns 702 retail, industrial, office space and residential properties with 65.9 million square feet of gross leasable area....
CHOICE PROPERTIES REIT, $14.92, is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Units o/s: 327.9 million; Market cap: $10.8 billion; TSINetwork Rating: Average; Dividend yield: 5.1%; www.choicereit.ca) owns 702 retail, industrial, office space and residential properties with 65.9 million square feet of gross leasable area....
METRO INC., $83.91, Toronto symbol MRU, remains a buy.
The company operates 992 grocery stores and 640 drugstores, in Quebec, Ontario and New Brunswick.
In the fiscal 2024 third quarter, ended July 6, 2024, overall sales rose 3.5%, to $6.65 billion from $6.43 billion a year earlier....
The company operates 992 grocery stores and 640 drugstores, in Quebec, Ontario and New Brunswick.
In the fiscal 2024 third quarter, ended July 6, 2024, overall sales rose 3.5%, to $6.65 billion from $6.43 billion a year earlier....
CANADIAN PACIFIC KANSAS CITY, $115.78, is a buy. The company (Toronto symbol CP; shares outstanding: 932.7 million; Market cap: $106.1 billion; Rating: Above Average; Dividend yield: 0.7%) ships freight over a 32,190-kilometre rail network....
When investing in retail-focused REITs, investors should pay close attention to the quality of their properties as well as their tenants—both directly affect their distributions. Here are two REITs to count on for steady monthly payments.
RIOCAN REAL ESTATE INVESTMENT TRUST $18 is a buy. The REIT (Toronto symbol REI.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 300.5 million; Market cap: $5.4 billion; Distribution yield: 6.2%; Dividend Sustainability Rating: Average; www.riocan.com) owns all or part of 188 shopping centres and other properties across Canada, including nine under development....
RIOCAN REAL ESTATE INVESTMENT TRUST $18 is a buy. The REIT (Toronto symbol REI.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 300.5 million; Market cap: $5.4 billion; Distribution yield: 6.2%; Dividend Sustainability Rating: Average; www.riocan.com) owns all or part of 188 shopping centres and other properties across Canada, including nine under development....
SAPUTO INC. $31 (www.saputo.com) is a hold. The company is Canada’s largest producer of milk and other dairy products. It also operates dairies in the U.S., Australia, the U.K....