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CAPREIT Declares November Distribution Amid Growth
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CAPREIT Declares November Distribution Amid Growth

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Canadian Apartment (TSE:CAR.UN) has released an update.

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Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has announced its November 2024 distribution of $0.125 per unit, reflecting an annualized distribution of $1.50. As Canada’s largest publicly traded provider of rental housing, CAPREIT continues to expand, owning over 63,400 residential units with a total fair value of approximately $16.9 billion.

For further insights into TSE:CAR.UN stock, check out TipRanks’ Stock Analysis page.

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