RPT News and Press, RPT Realty From 10/17/22

NEW YORK, Oct. 17, 2022 (GLOBE NEWSWIRE) -- RPT Realty (NYSE: RPT) (“RPT” or the “Company”), a publicly-traded owner and operator of open-air shopping centers, announced today that it made meaningful progress towards its Environmental, Social and Governance (...

Summary John's retirement accounts generated a total of $1,419.83 of dividend income for August 2022 vs. $1,173.94 of dividend income for August 2021. John's Traditional IRA had a balance of $358.7K as of August 31, 2022, vs. $328.9K on August 31, 2021. The estimated annualized yi...

Summary RPT Realty is a commercial REIT aiming to increase its exposure to grocery-anchored locations. The FFOs are robust and the preferred dividends are well-covered. I like the risk/reward ratio for these preferred shares as the dividend coverage ratio and asset coverage ra...

Summary John's retirement accounts generated a total of $4,487.75 of dividend income for July 2022 vs. $1,812.60 of dividend income for July 2021. John's Traditional IRA had a balance of $366K as of July 31, 2022, vs. $325K on July 31, 2021. The estimated annualized yield is 5.43%...

Summary Rightsizing the Bed Bath & Beyond business means 20% reduction in force, 150 store closures. In the process, Bed Bath & Beyond has secured more than $500 in financing commitments and may issue as many as 12 million shares of its common stock. Though Bed Bath &a...

NEW YORK, Aug. 24, 2022 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it will release its third quarter 2022 earnings press release after the market closes on Wednesday, November 2, 2022. The Company will host a confe...

RPT Realty ( NYSE: RPT ) stated Tuesday that it has closed on its $810M amended and restated unsecured credit facility, reflecting an increase of $150M over the prior facility. It consists of a $500M unsecured revolving line of credit with an initial maturity in 2026 with ...

NEW YORK, Aug. 23, 2022 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it has closed on its $810 million amended and restated unsecured credit facility (the “Facility”), an increase of $150 million over t...

With the risk of recession rising, Mizuho Securities analyst Haendel St. Juste expects shopping center REITs with a defensive-oriented tenancy, strong tenant credit and focus on internal growth to outperform. Based on that premise, he upgrades Site Centers ( NYSE: SITC ) to Buy ...

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Real Estate Income Fund (the “Fund”) declined 18.43% (Institutional Shares) in the second quarter of ...