Cash Dividend On The Way From First Asset Canadian REIT Income Fund (RIT-UN)

On 11/26/14, First Asset Canadian REIT Income Fund (TSX: RIT-UN.TO) will trade ex-dividend, for its monthly dividend of $0.05, payable on 12/12/14. As a percentage of RIT.UN's recent stock price of $12.88, this dividend works out to approximately 0.39%.

Below is a dividend history chart for RIT.UN, showing historical dividends prior to the most recent $0.05 declared by First Asset Canadian REIT Income Fund:

RIT.UN+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RIT.UN is likely to continue, and whether the current estimated yield of 4.66% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RIT.UN shares:

First Asset Canadian REIT Income Fund 200 Day Moving Average Chart

Looking at the chart above, RIT.UN's low point in its 52 week range is $11.56 per share, with $13.19 as the 52 week high point — that compares with a last trade of $12.88.

In Monday trading, First Asset Canadian REIT Income Fund shares are currently trading flat on the day.

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