/biz/ - Business & Finance

i swear im the only RioCan shill here. This shit has been crabbing for so long but our time is finally coming for quick gains. Enjoy your ~10% div yields on the way back to $20+. Div yields never got cut even through the 08 crisis, RioCan assets are focused in major Canadian cities (~50% in Toronto alone).
Don't worry about decrease in office/commercial shit, weighted average remaining lease terms range from 5 to 9 years, and even then the stock is oversold beyond whatever decrease in rental income will be. RioCan is slow on increasing residential rental income, but it does have several projects in development for that.

don't hold for longer than 2 or 3 years though