Chartwell Retirement (TSE:CSH.UN) has released an update.
Chartwell Retirement Residences has declared a monthly cash distribution of $0.051 per Trust Unit, payable on April 15 to unitholders on record by March 29, 2024. Investors in the company’s Distribution Reinvestment Plan can use their distributions to purchase additional units and receive a 3% bonus, enhancing their stake without extra fees. Chartwell, a major player in Canada’s senior living sector, offers a range of housing options for over 25,000 residents.
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