Flagship Communities REIT Investment Trust (TSE:MHC.UN) has released an update.
Flagship Communities REIT has declared a monthly cash distribution of US$0.0492 per unit for August 2024, which annualizes to US$0.59. The payment, targeting affordable home ownership in the U.S. Midwest, will be disbursed on September 16 to holders recorded by August 30, with U.S. withholding tax implications for Canadian and other non-U.S. unitholders.
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