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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 May 2025, equating to an annual distribution of US$0.62 per unit. This distribution, payable on June 16, 2025, to unitholders of record as of May 30, 2025, reflects the REIT’s ongoing commitment to providing returns to its investors. The announcement underscores the REIT’s stable financial operations and its strategic focus on delivering value to stakeholders, despite potential tax implications for non-U.S. unitholders.
The most recent analyst rating on ($TSE:MHC.UN) stock is a Buy with a C$20.00 price target. To see the full list of analyst forecasts on Flagship Communities REIT Investment Trust stock, see the TSE:MHC.UN Stock Forecast page.
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 manages residential living experiences and investment opportunities in family-oriented communities across Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, West Virginia, and Illinois.
Average Trading Volume: 2,206
Technical Sentiment Signal: Buy
Current Market Cap: C$619M
Learn more about MHC.UN stock on TipRanks’ Stock Analysis page.