Canadian Apartment (TSE:CAR.UN) has released an update.
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has declared a monthly distribution of $0.12083 per unit for March 2024, which equates to $1.45 annualized, payable on April 15 to unitholders on record as of March 28. CAPREIT stands as Canada’s largest publicly traded rental housing provider, boasting around 64,300 properties and a growth in monthly cash distributions per unit of 103% since its 1997 IPO.
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