How have RIT shares performed in 2023?

First Asset Canadian REIT Income Fund's stock was trading at C$16.06 on January 1st, 2023. Since then, RIT stock has decreased by 7.9% and is now trading at C$14.79. View the best growth stocks for 2023 here .

Is First Asset Canadian REIT Income Fund a good dividend stock?

First Asset Canadian REIT Income Fund (TSE:RIT) pays an annual dividend of C$0.81 per share and currently has a dividend yield of 4.61%. RIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for RIT .

What other stocks do shareholders of First Asset Canadian REIT Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Asset Canadian REIT Income Fund investors own include BCE (BCE) , Brookfield Infrastructure Partners (BIP.UN) , Canadian Natural Resources (CNQ) , Enbridge (ENB) , Toronto-Dominion Bank (TD) , Inter Pipeline (IPL) , Pembina Pipeline (PPL) , Royal Bank of Canada (RY) , Seadrill (SDRL) and Sun Life Financial (SLF) .

How do I buy shares of First Asset Canadian REIT Income Fund?

Shares of RIT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

First Asset Canadian REIT Income Fund Stock Price, News & Analysis (TSE:RIT)

C$14.79

+0.08 (+0.54%)

(As of 05:29 PM ET)

Today's Range: C$14.72
▼
C$14.84
50-Day Range: C$13.67
▼
C$15.77
52-Week Range: C$13.66
▼
C$18.08

Volume: 13,082 shs
Average Volume: 15,624 shs
Market Capitalization: C$542.73 million

P/E Ratio: N/A
Dividend Yield: 5.48%
Price Target: N/A

Stock Analysis Chart Headlines

About First Asset Canadian REIT Income Fund Stock (TSE:RIT)

First Asset Canadian Reit Income Fund (the Fund), formerly First Asset REIT Income Fund, is a Canada-based investment trust. The Fund's investment objectives is to provide holders with the benefits of high monthly cash distributions together with the opportunity for capital appreciation through the active management of a diversified portfolio of real estate investment trusts (REITs) and real estate corporations that are listed on Canadian stock exchanges. The investment portfolio provides diversification among various real estate holdings, including apartment buildings, shopping centers, office buildings and nursing/retirement homes, among others. The manager and investment advisor of the Fund is First Asset Investment Management Inc.

RIT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RIT Stock News Headlines

November 27, 2023 | msn.com

Hong Kong’s Link Reit committed to China as it dismisses rumours of asset sales with Guangzhou mall opening

November 24, 2023 | americanbankingnews.com

First Asset Canadian REIT Income Fund (TSE:RIT) Share Price Passes Below 50 Day Moving Average of $14.65

November 29, 2023 | Autonomix (Ad)

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November 20, 2023 | markets.businessinsider.com

CORRECTION FROM SOURCE: First Trust Portfolios Canada Announces Cap, Buffer and Dates of November Buffer ETF

October 31, 2023 | msn.com

RQI And RIET: 2 Ways To Play REITs And Get 'Sweet' Yields

October 22, 2023 | msn.com

TFSA Passive Income: 2 Top REITs for Monthly Payouts

September 29, 2023 | msn.com

Agree Realty, VICI Properties And Debunking The 'REITs Have High Leverage' Myth

September 5, 2023 | msn.com

CT REIT: The 6.1% Yield Will Continue To Increase, Despite Higher Interest Expenses

November 29, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

August 15, 2023 | seekingalpha.com

Insider Buys: 3 REITs With $1+ Million Investments

August 14, 2023 | msn.com

4 Ways to Grow $100,000 Into $1 Million for Retirement Savings

August 14, 2023 | msn.com

Manulife US REIT registers lower first-half performance

July 17, 2023 | msn.com

NNN REIT: The 5% Yielding Champion For Dividend Investors

June 17, 2023 | msn.com

USRT: Diversified Equity REIT Fund With Decent Yield, But Poor Price Growth

June 16, 2023 | msn.com

Canadian REITs: Unlocking Passive Income and Capital Growth

May 24, 2023 | msn.com

5 ways to invest in REITs

May 16, 2023 | msn.com

Filinvest REIT net income drops 20%

May 11, 2023 | benzinga.com

Automotive Properties REIT Reports Financial Results for First Quarter of 2023

May 10, 2023 | benzinga.com

European Residential REIT Reports First Quarter 2023 Results

May 10, 2023 | benzinga.com

BSR REIT Announces First Quarter 2023 Financial Results

May 8, 2023 | msn.com

Get $250 a Month in Passive Income From This Little-Known REIT

April 22, 2023 | investing.com

CI Canadian REIT ETF Fund (RIT)

March 23, 2023 | benzinga.com

Fund That Flip Launches New $20 Million Tax-Advantaged Investment Offering, the Horizon Residential Income Fund I

February 16, 2023 | thestreet.com

Are a Fund's Expenses Deducted Daily From Assets?

February 1, 2023 | seekingalpha.com

PTA: This 8.3% Yielding Preferred CEF Remains Our Favorite Sector Pick

January 31, 2023 | seekingalpha.com

AGNC: Share Issuance & Asset Sales Continue To Dilute Potential Upside

January 18, 2023 | seekingalpha.com

Industrial REITs: Shortages Become Gluts

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: N/A
Sub-Industry: N/A
Sector: N/A
Current Symbol: TSE:RIT
CUSIP: N/A
CIK: N/A
Web: www.firstasset.com
Phone: +1-416-6421289
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 36,696,000
Free Float: N/A
Market Cap: C$542.73 million
Optionable: Not Optionable
Beta: N/A

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Key Executives

Barry H. Gordon
President, Chief Executive Officer and Director of the Company
Karen Wagman
Chief Financial Officer of the Company
Z. Edward Akkawi
Chief Operating Officer, General Counsel, Corporate Secretary, Director of the Manager
Paul V. Dinelle
Executive Vice President and Director of the Manager
Lee Goldman
Senior Vice President and Portfolio Manager
Sheryl J. Chiddenton
Chief Compliance Officer of the Company
Craig Allardyce
Portfolio Manager of the Company
Manash Goswami
Portfolio Manager of the Company

RIT Stock Analysis - Frequently Asked Questions

How have RIT shares performed in 2023?: First Asset Canadian REIT Income Fund's stock was trading at C$16.06 on January 1st, 2023. Since then, RIT stock has decreased by 7.9% and is now trading at C$14.79.
View the best growth stocks for 2023 here.
Is First Asset Canadian REIT Income Fund a good dividend stock?: First Asset Canadian REIT Income Fund (TSE:RIT) pays an annual dividend of C$0.81 per share and currently has a dividend yield of 4.61%. RIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for RIT.
What other stocks do shareholders of First Asset Canadian REIT Income Fund own?: Based on aggregate information from My MarketBeat watchlists, some companies that other First Asset Canadian REIT Income Fund investors own include BCE (BCE), Brookfield Infrastructure Partners (BIP.UN), Canadian Natural Resources (CNQ), Enbridge (ENB), Toronto-Dominion Bank (TD), Inter Pipeline (IPL), Pembina Pipeline (PPL), Royal Bank of Canada (RY), Seadrill (SDRL) and Sun Life Financial (SLF).
How do I buy shares of First Asset Canadian REIT Income Fund?: Shares of RIT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:RIT) was last updated on 11/29/2023 by MarketBeat.com Staff

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