ROIC Suspended Its Dividend, But Remain Patient With This Stock [The Motley Fool]
Retail Opportunity Investments Corp. (ROIC)
Last retail opportunity investments corp. earnings: 4/22 04:15 pm
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US:NASDAQ Investor Relations:
investor.roicreit.com/overview-0
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Source: The Motley Fool
Retail Opportunity Investments Corp.(NASDAQ:ROICROIC owns 88 shopping centers, all of which are currently open and heavily centered around grocery and drug stores, businesses that are considered "essential" by the government and that are seeing lots of demand during this time. I think the suspension of the dividend is simply a move by executives to stay conservative as the economy enters a quarter that is expected to see asignificant decline in GDPImage Source: ROIC.A good portfolio during coronavirusIt's almost as if ROIC was built as a retail company intended to survive theglobal pandemicROIC's top 0 tenants include six grocers,Rite AidNYSE:RADJPMorgan ChaseNYSE:JPMrecent earnings callThe company is not entirely immune to the pandemic because it does have dine-in restaurants and a small group of fitness and entertainment businesses, such as movie theaters, as tenants. But for the most part, grocery and drug stores dominate the company's portfolio. As a result, ROIC has received appr
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ROIC
News
- Retail Opportunity Investments Corp. (NASDAQ: ROIC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Retail Opportunity Investments Corp.PR Newswire
- $hareholder Alert: The M&A Class Action Firm Continues to Investigate the Merger of ROIC, VINE, ALVR and CDMO Accesswire
- $hareholder Investigation: The M&A Class Action Firm Continues to Investigate the Merger of ROIC, VINE, ALVR and CDMOAccesswire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ROIC, PWUP, RVNC on Behalf of ShareholdersGlobeNewswire
ROIC
Earnings
- 10/22/24 - Miss
ROIC
Sec Filings
- 11/7/24 - Form DEFA14A
- 11/6/24 - Form DEFA14A
- ROIC's page on the SEC website