TSE:RIT

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

C$15.15
-0.10 (-0.66%)
(As of 04/25/2024 ET)
Today's Range
C$15.04
C$15.16
50-Day Range
C$15.08
C$16.30
52-Week Range
C$13.66
C$16.58
Volume
11,253 shs
Average Volume
12,720 shs
Market Capitalization
C$555.94 million
P/E Ratio
N/A
Dividend Yield
5.35%
Price Target
N/A
RIT stock logo

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

RIT Stock News Headlines

A new way to collect income from stocks
Most people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively…
A new way to collect income from stocks
Most people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively…
Insider Buys: 3 REITs With $1+ Million Investments
See More Headlines
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Industry, Sector and Symbol

Sector
N/A
Industry
N/A
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Market Cap
C$555.94 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 2024?

First Asset Canadian REIT Income Fund's stock was trading at C$16.08 at the beginning of the year. Since then, RIT shares have decreased by 5.8% and is now trading at C$15.15.
View the best growth stocks for 2024 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 4/26/2024 by MarketBeat.com Staff

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