Le Lézard
Classified in: Business
Subject: DIV

Killam Apartment REIT Announces May 2022 Distribution

HALIFAX, NS, May 17, 2022 /CNW/ - Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its May 2022 monthly distribution. The distribution of $0.05833 per unit will be paid on June 15, 2022, to unitholders of record on May 31, 2022.

Killam Apartment REIT offers a distribution reinvestment plan (the "DRIP"). Eligible unitholders may reinvest their cash distributions, on each distribution payment date, in additional units. Participating unitholders will receive an additional distribution of units representing 3% of the amount of the distribution reinvested pursuant to the DRIP.

About Killam Apartment REIT

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential landlords, owning, operating and developing a $4.7 billion portfolio of apartments and manufactured home communities. Killam's strategy is to enhance value and profitability by focusing on three priorities: 1) increasing earnings from existing operations, 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties, and 3) developing high-quality properties in its core markets.

Note: The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.

SOURCE Killam Apartment Real Estate Investment Trust

These press releases may also interest you

at 08:39
Ostendio, Inc., a leading provider of integrated risk management software, announced that premier CPA and business advisory firm, Aprio, has joined the Ostendio MyVCM Auditor Connect marketplace that enables organizations to select from a network of...

at 08:38
Bryte Payment Solutions, the national payment processing company specializing in restaurants and hospitality services, announced the release of "Candid Conversations," a new video series where restaurateurs...

at 08:38
"The Sultan is back to his old tricks," he says. "Facing an uncertain presidential election in what was once touted as the pinnacle event of his legacy as the uncontested leader of the Turkish republic, Erdogan's path to reelection is fraught with...

at 08:35
CBRE Group, Inc. will release its second quarter 2022 financial results at approximately 6:55 a.m. Eastern time on Thursday, August 4, 2022. Management will hold a conference call to discuss these results at 8:30 a.m. Eastern time on that same day...

at 08:35
Enerpac Tool Group Corp. (the "Company") today announced results for its fiscal third quarter ended May 31, 2022. "Our solid third quarter sales and profit (excluding the impact of the increase in receivable reserves) were the result of continued...

at 08:35
The City of Naples CRA announced the approval of the DPZ CoDESIGN Master Plan for the newly designated Naples Design District, formerly described as the 41-10 Mixed-Use Area. The Master Plan Vision sets forth...

News published on 17 may 2022 at 09:12 and distributed by: