REF-UN Dividend Yield Pushes Past 4%

In trading on Wednesday, shares of Canadian Real Estate Investment Trust (TSX: REF-UN.TO) were yielding above the 4% mark based on its monthly dividend (annualized to $1.7496), with the stock changing hands as low as $43.68 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.

In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Canadian Real Estate Investment Trust, looking at the history chart for REF.UN below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 4% annual yield.

START SLIDESHOW:
Click here to find out which 9 other Canadian dividend stocks just recently went ''on sale'' and crossed into new yield territory »

REF.UN+Dividend+History+Chart

More from Stocks

3 Must Know Market Insights From TheStreet's Jim Cramer Before Wednesday's Open

3 Must Know Market Insights From TheStreet's Jim Cramer Before Wednesday's Open

Short Disney Stock Here: Doug Kass Insider

Short Disney Stock Here: Doug Kass Insider

CHART: Even Consumer Staples Stocks Are Being Pummeled in Tuesday's Market Rout

CHART: Even Consumer Staples Stocks Are Being Pummeled in Tuesday's Market Rout

Why Google, Facebook and Other Tech Giants' Capital Spending Is Going Sky High

Why Google, Facebook and Other Tech Giants' Capital Spending Is Going Sky High

Three Big Factors That Rocked the Stock Market Tuesday

Three Big Factors That Rocked the Stock Market Tuesday