RioCan Real Estate Investment Trust's board of trustees approved a 2.8% increase to the monthly distribution to Unitholders from $0.09 to $0.0925 per unit commencing with the February 2024 distribution, payable on March 7, 2024 to Unitholders of record as at February 29, 2024. This brings RioCan's annualized distribution to $1.11 per unit and is the third consecutive annual distribution increase as it provide sustainable distribution growth to Unitholders while maintaining its payout ratio targets.
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1st Jan change | Capi. | |
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-4.89% | 3.89B | |
+3.56% | 48.15B | |
-10.93% | 12.79B | |
-19.27% | 11.57B | |
-11.09% | 10.98B | |
-1.95% | 7.75B | |
-4.43% | 6.7B | |
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-5.88% | 5.77B | |
-7.74% | 4.63B |
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- RioCan Real Estate Investment Trust Approves Monthly Distribution for February 2024, Payable on March 7, 2024