Flagship Communities Real Estate Investment Trust Announces Cash Distribution Increase
Globenewswire·2025-10-15 21:00

Core Points - Flagship Communities Real Estate Investment Trust announced a 5.4% increase in its monthly cash distribution to unitholders, raising it to US$0.0545 per REIT unit or US$0.654 on an annualized basis, effective from November 17, 2025 [2][3] - This marks the fifth consecutive year of distribution growth for Flagship, highlighting its strong performance among Canadian REITs while maintaining a disciplined AFFO payout ratio and reducing leverage [3] Company Overview - Flagship Communities Real Estate Investment Trust operates affordable residential manufactured home communities (MHCs) primarily serving working families seeking affordable home ownership [4] - The REIT owns and operates residential living experiences in family-oriented communities across several states, including Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, West Virginia, and Illinois [4]