CAPREIT Announces May 2025 Distribution
Globenewswireยท2025-05-15 21:00
Core Points - CAPREIT announced a monthly distribution of $0.12916 per Unit for May 2025, equating to an annualized amount of $1.55, payable on June 16, 2025 [1] - CAPREIT is the largest publicly traded provider of quality rental housing in Canada, owning approximately 46,800 residential apartment suites and townhomes across Canada and the Netherlands, with a total fair value of about $14.9 billion as of March 31, 2025 [2] - Since its Initial Public Offering in May 1997, CAPREIT has increased its monthly cash distributions per Unit by 117% [2]