Chartwell Announces New Cash Distribution for Unitholders
Chartwell Retirement Residences is excited to announce a recent cash distribution for its Trust Units. This announcement reflects the company's ongoing commitment to its unitholders and its dedication to providing quality senior care across the country.
Details of the Cash Distribution
The upcoming cash distribution is set at $0.051 per Trust Unit. This distribution will be payable on December 15, 2025, to those unitholders who are on record as of November 28, 2025. This initiative not only reinforces Chartwell’s dedication to its shareholders but also solidifies its position in the market as a reliable investment option.
Participating in the Distribution Reinvestment Plan
Unitholders have the opportunity to engage in Chartwell's Distribution Reinvestment Plan (DRIP). This initiative allows eligible investors to participate in an increased ownership stake without incurring any extra costs, such as commission or brokerage fees. Monthly cash distributions received will be used to purchase additional Trust Units, and participants will also receive an extra 3% bonus in the form of additional units. This program exemplifies Chartwell's commitment to creating value for its unitholders.
About Chartwell Retirement Residences
Chartwell is dedicated to serving and caring for seniors across Canada, promoting its mission of Making People's Lives BETTER. The company strives to offer a happier, healthier, and fulfilling lifestyle for all residents. As an unincorporated, open-ended real estate trust, Chartwell owns and operates a wide range of senior housing communities that cater to different levels of care, ranging from independent living to long-term care. Currently, Chartwell serves approximately 25,000 residents across four provinces, making it one of Canada's largest operators in the sector.
Contact Information
For more details, interested parties can reach out to:
Chartwell Retirement Residences
Jeffrey Brown
Chief Financial Officer
Tel: (905) 501-6777
Email: investorrelations@chartwell.com
Frequently Asked Questions
What is the amount of the upcoming cash distribution from Chartwell?
The cash distribution is set at $0.051 per Trust Unit.
When will the cash distribution payment be made?
Payments are scheduled for December 15, 2025, for eligible unitholders.
How can unitholders join the Distribution Reinvestment Plan?
Eligible investors can participate in the DRIP, which uses monthly distributions to purchase additional Trust Units.
What is Chartwell's mission?
Chartwell's mission is to enhance the quality of life for seniors while providing a fulfilling experience for its residents.
Who should I contact for more information about Chartwell?
For further details, you can contact Jeffrey Brown, the Chief Financial Officer, at (905) 501-6777 or via email at investorrelations@chartwell.com.