When Interest Rates Fall
Is RioCan a good stock to buy?
RioCan Real Estate Investment was recommended as a Top Pick by on . Read the latest stock experts ratings for RioCan Real Estate Investment.
Will RioCan bounce back?
As it stands, RioCan REIT is trading at a 30% discount to its book value. … Trading at a 30% discount with a 5.6% dividend yield makes RioCan REIT an ideal bounce-back play for 2021.
Why is RioCan going down?
RioCan REIT slashes distribution 33% RioCan Real Estate Investment Trust is slashing its payout to investors by 33 per cent as COVID-19 wreaks havoc on the real estate industry. The move comes after RioCan’s CEO pledged to preserve the distribution earlier this year. BNN Bloomberg’s Andrew Bell reports.
Is Rei a good buy?
PB vs Industry: REI is good value based on its PB Ratio (1.5x) compared to the US Oil and Gas industry average (2.1x).
Does RioCan have a drip?
RioCan suspended its DRIP until further notice effective November 1, 2017. Effective with the March 2016 distribution, the effective discount Unitholders received on units purchased with the reinvestment of their regular monthly distributions was decreased from 3.1% to 0%.