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Flagship Communities REIT Investment Trust ( ($TSE:MHC.UN) ) has provided an update.
Flagship Communities Real Estate Investment Trust announced a cash distribution of US$0.0517 per REIT unit for April 2025, equating to US$0.62 annually. This distribution, payable on or about May 15, 2025, to unitholders of record as of April 30, 2025, highlights the REIT’s commitment to providing consistent returns to its investors. However, Canadian and other non-U.S. unitholders should be aware of potential U.S. withholding tax implications and are advised to consult tax professionals. This announcement underscores the REIT’s stable financial operations and its strategic focus on delivering value to stakeholders.
More about Flagship Communities REIT Investment Trust
Flagship Communities Real Estate Investment Trust is a prominent operator of affordable residential Manufactured Housing Communities, primarily catering to working families seeking affordable home ownership. The REIT provides quality residential living experiences and investment opportunities in family-oriented communities across Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, West Virginia, and Illinois.
YTD Price Performance: 8.49%
Average Trading Volume: 6,149
Technical Sentiment Signal: Strong Sell
Current Market Cap: $400.2M
Learn more about MHC.UN stock on TipRanks’ Stock Analysis page.
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