About RioCan Real Estate Investment Trust (RIOCF) — Dividend Analysis 2026
RioCan is one of Canada's largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at September 30, 2020, our portfolio is comprised of 221 properties with an aggregate net leasable area of approximately 38.4 million square feet (at RioCan's interest) including office, residential rental and 16 development properties.
Is RIOCF a good dividend investment in 2026?
RIOCF offers a 6.21% forward yield with a 50% payout ratio. Strand Safety Score: 39/100 (High Risk). The 5-year dividend CAGR of 9.8% demonstrates strong, consistent growth that outpaces inflation.
RIOCF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your RIOCF portfolio grows to $6.98M vs $6.44M without reinvestment. This is the compound interest effect in action.
RIOCF dividend growth history & forecast
RIOCF has grown its dividend by 0% over the last year and 9.8% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 6.21%.
FCF data unavailable — payout ratio is moderate — using payout ratio as proxy
Debt Leverage
12 / 30 pts
12/30
Debt/EBITDA data not available for this ticker
Earnings Momentum+0.1B → +0.5B → +0.0B
15 / 30 pts
15/30
Net income grew in the latest year — positive but trend is unconfirmed
OVERALL ASSESSMENT
Dividend sustainability questionable — consider alternative income stocks.
STRAND SCORE
39
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 RIOCF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold RIOCF.
Gross yield
6.21%
Tax rate
15.00%
After-tax yield
5.28%
Real yield (−CPI)
2.48%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
6.21%
3.41%
$621 / yr
🇺🇸 US Taxable (15%) ✓
15%
5.28%
2.48%
$528 / yr
🇺🇸 US Taxable (20%)
20%
4.97%
2.17%
$497 / yr
🇬🇧 UK ISA
0%
6.21%
3.41%
$621 / yr
🇬🇧 UK Taxable
8.75%
5.67%
2.87%
$567 / yr
🇨🇦 TFSA
0%
6.21%
3.41%
$621 / yr
🇨🇦 CA Taxable
25%
4.66%
1.86%
$466 / yr
🇦🇺 Super (pension)
15%
5.28%
2.48%
$528 / yr
🇦🇺 AU Taxable
30%
4.35%
1.55%
$435 / yr
🇩🇪 DE Taxable
26.375%
4.57%
1.77%
$457 / yr
🇫🇷 FR Taxable
30%
4.35%
1.55%
$435 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 RIOCF Income Goal & Break-Even
Dividend Break-Even
12yr
Years for dividends to fully repay your RIOCF investment of $13.50/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$9.7K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$7.2K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in RIOCF for:
Shares needed
33,698
Capital required
$454,923
Monthly income
$2,000
Based on current dividend of $0.84/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 RIOCF Dividend Payment Schedule
RIOCF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$1.78 / payment
$7.12 / year after tax
100 shares
$17.81 / payment
$71.22 / year after tax
1,000 shares
$178.05 / payment
$712.21 / year after tax
📊 RIOCF vs Real Estate Benchmarks
How RIOCF compares to typical Real Estate averages.
Benchmark: Real Estate
Dividend Yield▲+1.01% vs sectorBetter
RIOCF
6.21%
avg
5.20%
5Y Dividend CAGR▲+5.70% vs sectorBetter
RIOCF
9.80%
avg
4.10%
Payout Ratio▲-28.00% vs sectorBetter
RIOCF
50.00%
avg
78.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for RIOCF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ RIOCF Insider Activity
No recent SEC filings reported in the last 90 days.
📅
Next Earnings Report: 2026-05-05(in 34 days)
🔬
Financial Health Scores
Altman Z-Score
0.83
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
9/9
✅ Strong fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the RIOCF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →