Artis Real Estate Investment Trust's Monthly Cash Distribution Announcement
Artis Real Estate Investment Trust (TSX: AX) has made headlines once again with the announcement of its monthly cash distribution. This significant development highlights the company's steady financial performance and its dedication to rewarding investors.
Details of the Monthly Cash Distribution
The trustees of the REIT have officially approved a cash distribution of $0.05 per trust unit for October. The distribution is scheduled to be paid out to all units held as of the month-end. This means that Unitholders can expect to receive their payouts on the designated distribution date of November 15, ensuring timely and consistent returns for those invested in Artis.
Current Outstanding Units
As of the current announcement date, Artis has a total of 103,084,651 Units that are issued and outstanding. This significant volume of units reflects the trust's robust operations and the confidence that investors place in its management and strategy. With a focus on maintaining high occupancy rates across its properties, Artis is well-positioned to sustain its distribution levels.
Artis's Vision and Portfolio
Artis operates as a diversified Canadian real estate investment trust with a focus on industrial, office, and retail properties. Its portfolio spans across various key markets in Canada and extends into the United States. The trust's vision is to evolve into a premier real estate asset management and investment platform, with an emphasis on prudent value investing strategies that benefit both the trust and its investors.
Contact Information and Further Details
For additional information regarding Artis Real Estate Investment Trust and its financial performance, stakeholders can reach out via the following contact details:
Suite 600 – 220 Portage Avenue
Winnipeg, MB R3C 0A5
T: 204.947.1250 F: 204.947.0453
Frequently Asked Questions
What is the amount of the latest cash distribution declared by Artis?
Artis has declared a cash distribution of $0.05 per trust unit for October.
When will the cash distribution be paid out to Unitholders?
The cash distribution will be paid out on November 15 to Unitholders on record as of October 31.
How many units are currently outstanding for Artis REIT?
There are currently 103,084,651 Units issued and outstanding for Artis REIT.
What types of properties does Artis invest in?
Artis invests in a diversified portfolio that includes industrial, office, and retail properties.
Where can I find more information about Artis REIT?
More information can be accessed through their official website at www.artisreit.com.
