Last C$4.72 CAD
Change Today +0.02 / 0.43%
Volume 57.5K
RMM-U On Other Exchanges
Symbol
Exchange
Toronto
OTC US
As of 11:48 AM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

retrocom real estate investm (RMM-U) Snapshot

Open
C$4.70
Previous Close
C$4.70
Day High
C$4.73
Day Low
C$4.70
52 Week High
05/22/13 - C$5.65
52 Week Low
12/12/13 - C$4.44
Market Cap
294.5M
Average Volume 10 Days
151.1K
EPS TTM
C$0.52
Shares Outstanding
62.4M
EX-Date
04/28/14
P/E TM
9.1x
Dividend
C$0.45
Dividend Yield
9.53%
Current Stock Chart for RETROCOM REAL ESTATE INVESTM (RMM-U)

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retrocom real estate investm (RMM-U) Details

Retrocom REIT operates as an open-ended real estate investment trust company in Canada. The company engages in the acquisition and development of retail, office, and industrial properties. As of June 30, 2004, its portfolio consisted of 26 retail, 1 office, and 2 light industrial properties. Retrocom was founded in 2003 and is based in Vaughan, Canada.

12 Employees
Last Reported Date: 03/6/14
Founded in 2003

retrocom real estate investm (RMM-U) Top Compensated Officers

Chief Executive Officer, President and Truste...
Total Annual Compensation: C$546.6K
Chief Financial Officer
Total Annual Compensation: C$333.5K
Vice President and Legal Counsel
Total Annual Compensation: C$197.8K
Compensation as of Fiscal Year 2012.

retrocom real estate investm (RMM-U) Key Developments

Retrocom Real Estate Investment Trust Declares Monthly Dividends for April, May and June 2014, Payable on May 15, 2014, June 13, 2014 and June 30, 2014, Respectively

Retrocom Real Estate Investment Trust declared monthly cash dividend of $0.0375 for the months of April, May and June 2014. The dividends are payable on May 15, 2014, June 13, 2014 and June 30, 2014 with the record date of April 30, 2014, May 30, 2014 and June 30, 2014, respectively.

Retrocom Real Estate Investment Trust Announces Earnings Results for Fourth Quarter and Full Year Ended Dec. 31, 2013

Retrocom Real Estate Investment Trust announced earnings results for fourth quarter and full year ended Dec. 31, 2013. For the quarter, the company reported rental revenue and other income of $32,993,000, property operating income of $22,496,000, net operating income of $22,921,000, income for the period of $12,984,000, adjusted FFO of $14,809,000 or $0.208 per unit compared to the rental revenue and other income of $20,586,000, property operating income of $10,359,000, net operating income of $10,676,000, income for the period of $46,041,000, adjusted FFO of $5,174,000 or $0.095 per unit for the same quarter a year ago. For the year, the company reported rental revenue and other income of $104,083,000, property operating income of $62,638,000, net operating income of $64,012,000, income for the period of $34,777,000, adjusted FFO of $36,603,000 or $0.557 per unit compared to the rental revenue and other income of $80,258,000, property operating income of $43,081,000, net operating income of $44,129,000, income for the period of $69,092,000, adjusted FFO of $22,450,000 or $0.446 per unit for the previous year.

Retrocom Real Estate Investment Trust Enters into Lease Agreements for HomeSense and Sport Chek at Orangeville Mall

Retrocom Real Estate Investment Trust announced it has entered into a binding lease agreement for a 20,000 square foot HomeSense and for a 22,000 square foot Sport Chek at Orangeville Mall. The leases have an initial term of 10 years with additional renewal options. Construction will begin March 2014, with the anticipated opening for both stores in Fall 2014. These two stores will be located in the former Zellers space at the shopping centre and will generate significantly higher rental revenue from the premises. Orangeville Mall is an 184,000 square foot shopping mall, the only enclosed shopping centre in Orangeville. Located in the heart of the region's dominant retail node, at First Street and Highway 10, Orangeville Mall serves a trade area population of over 50,000. Together with the addition of these two new retailers, Retrocom will be upgrading the shopping centre with a new exterior façade, renovated entrance, and pylon signs.

 

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