Pine Trail REIT Announces Move to Quarterly Distribution
Pine Trail REIT Announces Move to Quarterly Distribution
Toronto, Ontario--(Newsfile Corp. - January 3, 2024) - Pine Trail Real Estate Investment Trust (TSXV: PINE.UN) (TSXV: PINE.U) (the "REIT") announces that subject to the approval of future trust unit distributions by the Board of Trustees, the Trust intends to transition from a monthly to a quarterly distribution payment schedule. Quarterly payments are expected to be made on the first business day of April, July, October, and January in subsequent years, to unitholders of record on the 15th day of the preceding month, if, as and when declared by the Board of Trustees. Should the record date fall on a weekend or on a statutory holiday, the record date will be the next succeeding business day. Subject to the approval of the Board of Trustees, the first quarterly distribution is expected to be paid in April 2024.
安大略省多倫多--（Newsfile Corp.，2024年1月3日）——Pine Trail房地產投資信託基金（TSXV：PINE.UN）（多倫多證券交易所股票代碼：PINE.U）（“房地產投資信託基金”）宣佈，經信託委員會批准未來信託基金的分配，該信託打算將分紅支付計劃從月度轉爲季度分配。預計將在隨後幾年的4月、7月、10月和1月的第一個工作日向15日登記的單位持有人支付季度款項第四 前一個月的某一天，如董事會宣佈的那樣。如果記錄日期是週末或法定假日，則記錄日期將是下一個工作日。經董事會批准，第一季度分配預計將於2024年4月支付。
FOR FURTHER INFORMATION, PLEASE CONTACT: Andrew Shapack, Chief Executive Officer: (416) 532-2200
欲了解更多信息，請聯繫：首席執行官安德魯·沙帕克：(416) 532-2200
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