Northwest Healthcare Properties Announces August 2024 Distribution
Northwest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN), a leading owner and operator of healthcare real estate infrastructure, has announced a distribution of $0.03 per unit for the month of August 2024, representing $0.36 per unit on an annualized basis. The distribution will be payable on September 13, 2024, to unitholders of record as at August 30, 2024. The REIT also offers a distribution reinvestment plan, allowing eligible unitholders to reinvest their cash distributions to purchase Trust Units and receive bonus Trust Units.
Key Takeaways:
- Northwest Healthcare Properties declared a distribution of $0.03 per unit for August 2024, $0.36 per unit on an annualized basis.
- The distribution will be payable on September 13, 2024, to unitholders of record as at August 30, 2024.
- The REIT offers a distribution reinvestment plan, allowing eligible unitholders to reinvest cash distributions to purchase Trust Units and receive bonus Trust Units.
- The REIT provides investors with access to a portfolio of 186 income-producing properties and 16.1 million square feet of gross leasable area in major markets in North America, Brazil, Europe, and Australasia.
- The REIT's portfolio is characterized by long-term indexed leases and stable occupancies.
Statistics:
- $0.03 per unit distribution for August 2024
- $0.36 per unit annualized distribution
- $0.03 per unit distribution payable on September 13, 2024
- 186 income-producing properties in the REIT's portfolio
- 16.1 million square feet of gross leasable area
Sources:
- Newsfile Corp. (August 15, 2024 release)
- Northwest Healthcare Properties Real Estate Investment Trust investor relations webpage