RioCan Vs Inovalis

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I have a couple shares of RioCan… I know their didvidens are about 0.12 per share and paid monthly… I can see there is room for growth in the long term and I like that. But there’s also Inovalis their dividens are lower at 0.06875 also monthly,  but shares are  less expensive which means I could by more shares and get more dividends than RioCan…I don’t think there’s much room for growth with Inovalis… What should I do? Go with a little less dividends with a good potential to grow, or the latter get less expensive stocks witch means I could buy more shares witch will give more dividends ?

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Asked on July 17, 2020 10:32 am
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You're more than likely going to get more growth with RioCan.

In my opinion, the small amount of extra dividend income you gain owning Inovalis won't exceed the extra growth you get with RioCan.

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Posted by Dan Kent
Answered on July 17, 2020 12:00 pm
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Keep in mind that owning more shares does not mean you get more dividends.

Think of it this way. If you invested $1000 in RioCan, they currently yield 9.44%. Every year, you'd receive $94.40.

If you invested $1000 in Inovalis, they currently yield 10.59%. Every year, you'd receive $105.59.

You'd own 66 shares of RioCan for $1000, and 128 shares of Inovalis for $1000. You own nearly double the shares, yet only earn an extra ~$10 a year in dividends.

It's very important to look at the overall yield of an investment to determine your income level.

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Posted by Dan Kent
Answered on July 17, 2020 10:59 am
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