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The latest announcement is out from Flagship Communities REIT Investment Trust ( ($TSE:MHC.UN) ).
Flagship Communities Real Estate Investment Trust has announced a monthly cash distribution of US$0.0517 per unit for February 2025, translating to an annual distribution of US$0.62 per unit. This distribution will be paid on March 17, 2025, to unitholders recorded as of February 28, 2025. Canadian unitholders should be aware that distributions are subject to U.S. withholding tax, and they are advised to consult with tax advisors regarding their specific circumstances. This announcement reflects the REIT’s commitment to providing consistent returns to its unitholders, potentially enhancing its market positioning and financial appeal in the affordable housing sector.
More about Flagship Communities REIT Investment Trust
Flagship Communities Real Estate Investment Trust is a leading operator in the affordable residential Manufactured Housing Communities sector, primarily serving working families who are seeking affordable home ownership. The company owns and operates residential communities in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, West Virginia, and Illinois, focusing on providing exceptional living experiences and investment opportunities in family-oriented environments.
YTD Price Performance: -1.99%
Average Trading Volume: 10,243
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $360.6M
See more data about MHC.UN stock on TipRanks’ Stock Analysis page.