The latest update is out from Flagship Communities REIT Investment Trust ( ($TSE:MHC.UN) ).
Flagship Communities Real Estate Investment Trust announced a cash distribution of US$0.0517 per REIT unit for March 2025, equating to US$0.62 annually. This distribution will be paid on or around April 15, 2025, to unitholders recorded by March 31, 2025. The announcement underscores the REIT’s commitment to providing consistent returns to its investors, though Canadian unitholders will be subject to U.S. withholding tax.
More about Flagship Communities REIT Investment Trust
Flagship Communities Real Estate Investment Trust is a prominent operator in the affordable residential Manufactured Housing Communities sector, primarily catering to working families seeking affordable home ownership. The REIT manages residential living experiences and investment opportunities in family-oriented communities across Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, West Virginia, and Illinois.
YTD Price Performance: 12.53%
Average Trading Volume: 7,665
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $412.5M
For a thorough assessment of MHC.UN stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com