Flagship Communities Real Estate Investment Trust (Flagship REIT) has reported a cash distribution of $0.0468 per REIT unit for the month of September 2023. This represents an annual payment of $0.562 per REIT unit. The distribution will be made on or about October 16th to unit holders registered as of September 29th.
Flagship REIT is a real estate investment trust specializing in manufactured housing communities. The trust owns and operates a diverse portfolio of properties across the United States.
The current trading price of Flagship Communities Real Estate Investment Trust shares, traded under the symbol T.MHC.U, is $21.20.
This announcement reflects the trust’s commitment to providing value to its unit holders through regular cash distributions. It demonstrates the trust’s ability to generate consistent income from its real estate investments.
Investors holding REIT units can expect to receive a cash distribution of $0.0468 per unit for the month of September 2023. This translates to an annual distribution of $0.562 per unit.
The distribution will be made to unit holders registered as of September 29th. Unit holders who own REIT units on this date will be eligible to receive the cash distribution on or about October 16th.
Flagship Communities Real Estate Investment Trust continues to focus on maintaining a strong portfolio of manufactured housing communities. The trust aims to provide attractive risk-adjusted returns to its investors through its diverse real estate investments.
Sources:
– Flagship Communities Real Estate Investment Trust
– T.MHC.U