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

C$15.65 +0.06 (+0.38 %)
(As of 02/23/2018 08:00 AM ET)
Previous CloseC$15.59
Today's RangeC$15.61 - C$15.69
52-Week RangeC$15.26 - C$16.24
Volume3,169 shs
Average Volume12,869 shs
Market CapitalizationC$307.46 million
P/E Ratio10.43
Dividend Yield5.18%
Beta0.27

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

First Asset Canadian Reit Income Fund (the Fund), formerly First Asset REIT Income Fund, is a Canada-based closed-end 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.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolTSE:RIT
CUSIPN/A
Phone+1-416-6421289

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio10.4333333333333
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSC$1.50
Net IncomeN/A
Net Margins100.24%
Return on Equity5.35%
Return on Assets5.01%

Miscellaneous

EmployeesN/A
Outstanding Shares19,596,000

First Asset Canadian REIT Income Fund (TSE:RIT) Frequently Asked Questions

What is First Asset Canadian REIT Income Fund's stock symbol?

First Asset Canadian REIT Income Fund trades on the Toronto Stock Exchange (TSX) under the ticker symbol "RIT."

How often does First Asset Canadian REIT Income Fund pay dividends? What is the dividend yield for First Asset Canadian REIT Income Fund?

First Asset Canadian REIT Income Fund declared a monthly dividend on Wednesday, February 21st. Investors of record on Wednesday, February 28th will be given a dividend of 0.0675 per share on Wednesday, February 28th. This represents a $0.81 annualized dividend and a dividend yield of 5.18%. The ex-dividend date is Wednesday, February 21st. View First Asset Canadian REIT Income Fund's Dividend History.

Who are some of First Asset Canadian REIT Income Fund's key competitors?

Who are First Asset Canadian REIT Income Fund's key executives?

First Asset Canadian REIT Income Fund's management team includes the folowing people:

  • 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

How do I buy First Asset Canadian REIT Income Fund stock?

Shares of First Asset Canadian REIT Income Fund and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is First Asset Canadian REIT Income Fund's stock price today?

One share of First Asset Canadian REIT Income Fund stock can currently be purchased for approximately C$15.65.

How big of a company is First Asset Canadian REIT Income Fund?

First Asset Canadian REIT Income Fund has a market capitalization of C$307.46 million.

How can I contact First Asset Canadian REIT Income Fund?

First Asset Canadian REIT Income Fund's mailing address is 95 Wellington St W Suite 1400, TORONTO, ON M5J 2N7, Canada. The company can be reached via phone at +1-416-6421289.


MarketBeat Community Rating for First Asset Canadian REIT Income Fund (RIT)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  15 (Vote Outperform)
Underperform Votes:  23 (Vote Underperform)
Total Votes:  38
MarketBeat's community ratings are surveys of what our community members think about First Asset Canadian REIT Income Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

First Asset Canadian REIT Income Fund (TSE:RIT) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Earnings History for First Asset Canadian REIT Income Fund (TSE:RIT)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

First Asset Canadian REIT Income Fund (TSE:RIT) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

First Asset Canadian REIT Income Fund (TSE:RIT) Dividend Information

Next Dividend:2/28/2018
Annual Dividend:$0.81
Dividend Yield:5.18%
Payout Ratio:54.00% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for First Asset Canadian REIT Income Fund (TSE:RIT)

First Asset Canadian REIT Income Fund (TSE:RIT) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/21/2018Monthly$0.075.25%2/21/20182/28/20182/28/2018
1/24/2018Monthly$0.075.02%1/24/20181/31/20181/31/2018
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for First Asset Canadian REIT Income Fund (TSE RIT)

No insider trades for this company have been tracked by MarketBeat.com

Headlines

First Asset Canadian REIT Income Fund (TSE RIT) News Headlines

Source:
DateHeadline
First Asset Canadian REIT Income Fund (RIT) to Issue $0.07 Monthly DividendFirst Asset Canadian REIT Income Fund (RIT) to Issue $0.07 Monthly Dividend
www.americanbankingnews.com - February 16 at 8:06 AM
RioCan Real Estate Investment Trust Announces Financial Results for 2017 With 5.4% Growth in Operating Income and 2.1% Same Property NOI GrowthRioCan Real Estate Investment Trust Announces Financial Results for 2017 With 5.4% Growth in Operating Income and 2.1% Same Property NOI Growth
www.streetinsider.com - February 14 at 8:10 AM
First Asset ETF Funds Announce February 2018 DistributionsFirst Asset ETF Funds Announce February 2018 Distributions
finance.yahoo.com - February 12 at 8:09 AM
First Asset Awarded Eight 2017 FundGrade A+® AwardsFirst Asset Awarded Eight 2017 FundGrade A+® Awards
finance.yahoo.com - January 29 at 8:09 AM
First Asset Canadian REIT Income Fund Plans Monthly Dividend of $0.07 (RIT)First Asset Canadian REIT Income Fund Plans Monthly Dividend of $0.07 (RIT)
www.americanbankingnews.com - January 19 at 8:36 AM
First Asset ETF Funds Announce January 2018 Distributions and New Distribution ScheduleFirst Asset ETF Funds Announce January 2018 Distributions and New Distribution Schedule
finance.yahoo.com - January 16 at 11:29 AM
Mailbag: Dealing with a ‘crazy’ portfolio, buying mutual funds and moreMailbag: Dealing with a ‘crazy’ portfolio, buying mutual funds and more
www.theglobeandmail.com - December 18 at 11:57 AM
First Asset ETF Funds November DistributionsFirst Asset ETF Funds November Distributions
finance.yahoo.com - November 20 at 9:20 AM
The best five financial authors to read, why this pot stock is soaring, and two worrisome indicators for marketsThe best five financial authors to read, why this pot stock is soaring, and two worrisome indicators for markets
www.theglobeandmail.com - November 14 at 3:36 PM
First Asset ETF Funds October DistributionsFirst Asset ETF Funds October Distributions
finance.yahoo.com - October 19 at 8:10 AM
First Asset ETF Funds July DistributionsFirst Asset ETF Funds July Distributions
finance.yahoo.com - October 6 at 6:57 AM
First Asset ETF Funds August DistributionsFirst Asset ETF Funds August Distributions
finance.yahoo.com - October 6 at 6:57 AM
Dividends & Income Digest: Spotlight On MarketplaceDividends & Income Digest: Spotlight On Marketplace
seekingalpha.com - September 7 at 8:28 AM
Why higher rates will be painful for Canadian investors, a REIT to buy now, and loonie bullishnessWhy higher rates will be painful for Canadian investors, a REIT to buy now, and loonie bullishness
www.theglobeandmail.com - September 2 at 8:08 AM
The landlordThe landlord
www.theglobeandmail.com - August 22 at 6:18 AM
First Asset ETFs Complete Conversion of Advisor Class Units to Common Class UnitsFirst Asset ETFs Complete Conversion of Advisor Class Units to Common Class Units
finance.yahoo.com - July 17 at 8:16 AM
American Hotel Income Properties REITs (AHOTF) CEO Rob ONeill on Q4 2016 Results - Earnings Call TranscriptAmerican Hotel Income Properties REIT's (AHOTF) CEO Rob O'Neill on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 8 at 7:47 PM
Young Investors Should Be Buying This ETF - The Motley Fool CanadaYoung Investors Should Be Buying This ETF - The Motley Fool Canada
www.fool.ca - January 29 at 8:27 AM
American Hotel Income Properties REIT LPs (AHOTF) CEO Rob ONeill on Q1 2016 Results - Earnings Call TranscriptAmerican Hotel Income Properties REIT LP's (AHOTF) CEO Rob O'Neill on Q1 2016 Results - Earnings Call Transcript
seekingalpha.com - May 14 at 8:09 AM
Senior Housing Properties Trust Announces First Quarter 2016 ResultsSenior Housing Properties Trust Announces First Quarter 2016 Results
www.businesswire.com - May 5 at 7:52 AM
Sun Communities, Inc. Reports 2016 First Quarter ResultsSun Communities, Inc. Reports 2016 First Quarter Results
www.nasdaq.com - April 26 at 7:59 AM
Melcor REIT Announces 2015 Annual ResultsMelcor REIT Announces 2015 Annual Results
www.msn.com - March 11 at 3:58 PM
Cominar Real Estate Investments (CMLEF) CEO Michel Dallaire on Q4 2015 Results - Earnings Call TranscriptCominar Real Estate Investment's (CMLEF) CEO Michel Dallaire on Q4 2015 Results - Earnings Call Transcript
www.msn.com - March 4 at 6:36 AM
Host Hotels & Resorts, Inc. Reports Results for the Fourth Quarter and Full Year 2015 and Announces First Quarter DividendHost Hotels & Resorts, Inc. Reports Results for the Fourth Quarter and Full Year 2015 and Announces First Quarter Dividend
www.nasdaq.com - February 18 at 6:05 AM

SEC Filings

First Asset Canadian REIT Income Fund (TSE:RIT) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

First Asset Canadian REIT Income Fund (TSE RIT) Stock Chart for Friday, February, 23, 2018

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This page was last updated on 2/23/2018 by MarketBeat.com Staff

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