The Canadian real estate trust announces a CAD 0.0658 per share dividend payable September 15 to August 31 shareholders.
Morguard North American Residential Real Estate Investment Trust declared a monthly dividend of CAD 0.0658 per share. The payment will be made on September 15 to shareholders of record as of August 31, with the ex-dividend date also set for August 31.
The trust’s prior dividend stood at CAD 0.0658 per share, maintaining consistency in its payout. The announcement aligns with its regular monthly distribution schedule, reflecting stable cash flow from its North American residential portfolio.
No immediate market reaction was disclosed following the announcement.