Automotive Properties REIT intends to pay a monthly cash distribution to Unitholders of record at the end of each month on or about the fifteenth day of the following month. Automotive Properties REIT is focused on providing Unitholders with stable, predictable and growing monthly cash distributions on a tax-efficient basis.
|Month||Record date||Payment date||Amount|
|January||January 31, 2020||February 14, 2020||$0.067|
|February||February 28, 2020||March 16, 2020||$0.067|
|March||March 31, 2020||April 15, 2020||$0.067|
|April||April 30, 2020||May 15, 2020||$0.067|
|May||May 29, 2020||June 15, 2020||$0.067|
A primary objective of Automotive Properties REIT is to provide Unitholders with stable, predictable and growing monthly cash distributions on a tax-efficient basis. For Canadian federal income tax purposes, distributions from the REIT will be classified as either income, return of capital, or a combination of income and capital. Unitholders should seek professional advice with respect to the income tax consequences of an investment in the REIT’s Units. The REIT will disclose the tax treatment for unitholder distributions by the end of February in each calendar year.