RioCan REIT

Dan Kent on StockTrades about RIOCAN REIT being a possible turnaround.

I have bought shares in this REIT several times between 1998 and 2014. My total return is 10.32% per year, with 1.07% per year from capital gains and 9.25% per year from distributions. I bought this stock for the distributions. When I stopped working in 1999, my yield on my portfolio was around 2% and I wanted to raise it to between 3% and 3.5%.

On my other blog I wrote yesterday about Brookfield Asset Management Inc (TSX-BAM.A, NYSE-BAM) ... learn more. Next, I will write about CCL Industries Inc (TSX-CCL.B, OTC-CCDBF) ... learn more on Wednesday, October 20, 2021 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.