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RioCan Real Estate Investment Trust (RIOCF)

Other OTC - Other OTC Delayed Price. Currency in USD
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17.200.00 (0.00%)
At close: 03:58PM EST
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  • D
    Dwo
    I picked up some shares just for daniel today (non-margin):
    1500 @ 21.40
    1500 @ 21.20
    1000 @ 20.93
    Ready to keep buying down for you my friend 😜
  • C
    Cory
    Results have been very good over the last few quarters, due in part to strong rent collections and development projects, however Riocan has lagged while Smartcentres is close to pre-pandemic levels (I hold and have done very well on both)

    As of Q3 2021 the payout ration had dropped to 72.4% over a 12 month rolling basis, with a target of <70%; however the payout ratio was less than 60% for Q3 calculated on a forward basis. My sense is that based on the above that the dividend will either be raised, or reinstated (I’m guessing the former) during at Feb 9 Earnings Report. I’ve been adding on weakness, in anticipation of a dividend increase up uptick in share value. I held Riocan prior to 2020, and am long so if the dividend is not increased in Feb; I’m fine to wait.
  • a
    adot
    The market seems very resilient. Down crazy in the morning and almost all recovered by the end of the day. Classic bear and bull head-to-head fight in front of our eyes.
  • S
    SpicyP
    Ontario reopening + Dividend day coming up soon + Well is getting closer and closer to completion....safe stock. this may go up to 23 this week
  • N
    Niko
    JESUS
  • M
    MarkyCheeks
    My average price is 14$ :)
  • B
    Brandon
    Not sure anybody would know, but when would a dividend increase be likely to happen?
  • d
    daniel
    MARGIN CALLLLLLLL
  • T
    Thewall
    I'm out. Took my money and bought enbridge...a 7% div, capital appreciation AND playing the energy market (no closures). Good luck.
  • N
    Nick
    They repurchased more shares all of December under the NCIB.
  • c
    canadian
    Could we ever see a $40 dollar Riocan stock?
  • D
    DoriDo
    Up 33% for the year. I think that’s great returns. Let’s see what 2022 has in store. 25-27 I’m thinking by year end while being paid a juicy dividend.
  • M
    MarkyCheeks
    If we close 23+ EOY then i will personally go into a riocan owned establishment and buy something. Thanks
  • B
    Bin
    check out bre for a juicy 8% monthly dividend folks
  • J
    J
    This stock will get nowhere without a rising dividend.
  • d
    daniel
    Margin calllllll
  • M
    MarkyCheeks
    Ontario reopening soon boysss!
  • N
    Nick
    It seems like based on filings, they have been repurchasing shares since Nov 12th under the NCIB at a max amount of 241,695 shares per day until today.
  • B
    Brandon
    Appreciation is nice but I miss when my drip would get me 2 shares a month instead of 1 :(
  • M
    MATTHEW
    Hold on tight folks.
    Don't Go FULL DANNY