Skip to main content

CAPREIT Announces Increased August 2024 Distribution

Written by Customer Service on . Posted in Dividend Reports And Estimates.

TORONTO, Aug. 15, 2024 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its August 2024 monthly distribution in the amount of $0.125 per Unit (or $1.50 on an annualized basis). The August 2024 distribution will be payable on September 16, 2024 to Unitholders of record at the close of business on August 30, 2024.

CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at June 30, 2024, CAPREIT owns approximately 64,200 residential apartment suites, townhomes and manufactured home community sites well-located across Canada and the Netherlands, with approximately $16.6 billion of investment properties in Canada and Europe. Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 110%. For more information about CAPREIT, its business and its investment highlights, please visit our website at www.capreit.ca and our public disclosure which can be found under our profile at www.sedarplus.ca.

For further information please contact:

CAPREIT
Mr. Mark Kenney
President & Chief Executive Officer
(416) 861-9404		     CAPREIT
Mr. Stephen Co
Chief Financial Officer
(416) 306-3009		     CAPREIT
Mr. Julian Schonfeldt
Chief Investment Officer
(647) 535-2544
     

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.