Artis REIT Declares Monthly Cash Distribution for Unitholders
Artis Real Estate Investment Trust Announces Cash Distribution
Artis Real Estate Investment Trust, often referred to as Artis, recently declared a significant milestone for its investors. The board of trustees has approved a monthly cash distribution, signaling its ongoing commitment to delivering value to its unitholders.
Details of the Monthly Distribution
This month, Artis will distribute $0.05 for each Unit held by its unitholders. This distribution reflects Artis's strategies to enrich its shareholders and maintain a robust financial structure. The payment is earmarked for distribution on a specified date, marking an important event in the calendar for many investors.
Important Payment Dates
The cash distribution will occur on a selected payment date, following the cut-off date for unitholders. This system ensures that those who have made their investments in advance will benefit from the distribution. Keeping track of these dates is critical for investors aiming to maximize their returns.
Company Overview
Artis is a diversified real estate investment trust based in Canada, boasting a varied portfolio that includes industrial, office, and retail properties. The trust primarily focuses on value investing and aims to establish itself as a premier real estate investment platform.
Portfolio Diversification
The reach of Artis extends beyond national borders, with properties spread across Canada and the United States. This geographical diversity allows the trust to mitigate risks associated with individual markets, enhancing the overall stability and growth potential of the portfolio.
Unit Statistics
As of this announcement, Artis has an impressive total of 100,118,236 Units that are currently issued and outstanding. This figure reflects the trust's ongoing ability to attract investors and maintain a strong capital structure.
Contact Information
For any inquiries related to the company or its financial distributions, interested parties can reach out through their comprehensive contact details. Artis operates from Suite 600 – 220 Portage Avenue, with a dedicated support system for investors: T 204.947.1250 and F 204.947.0453.
Frequently Asked Questions
What is the amount of the cash distribution declared by Artis?
The cash distribution declared by Artis is $0.05 per Unit.
When will the cash distribution be paid to unitholders?
The distribution will be paid on a date specified in the announcement.
How many Units are currently issued by Artis?
Artis has a total of 100,118,236 Units issued and outstanding.
In which sectors does Artis invest?
Artis invests in industrial, office, and retail properties across Canada and the United States.
How can investors contact Artis for more information?
Investors can contact Artis by calling T 204.947.1250 or visiting their official website.
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