Chartwell Retirement Residences Announces August 2021 Distribution

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[{"type":"text","content":"\n \n \n \n Chartwell Retirement Residences Announces August 2021 Distribution\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n MISSISSAUGA, ON\n \n ,\n \n Aug. 16, 2021\n \n /CNW/ - Chartwell Retirement Residences (\"Chartwell\") (TSX: CSH.UN) announced today a cash distribution of\n \n $0.051\n \n per Trust Unit\n \n .\n \n The cash distribution will be payable on\n \n September 15, 2021\n \n to unitholders of record on\n \n August 31, 2021\n \n .\n \n \n Unitholders can participate in Chartwell's Distribution Reinvestment Plan (\"DRIP\"). Eligible investors registered in the DRIP will have their monthly cash distributions used to purchase Trust Units, and will also receive bonus units equal to 3% of their monthly cash distributions. DRIP offers unitholders the opportunity to steadily increase their ownership in Chartwell without incurring any commission or brokerage fees. Complete details of the DRIP are available on Chartwell's website at\n \n \n www.chartwell.com\n \n \n or from a unitholder's investment advisor.\n \n \n \n ABOUT CHARTWELL\n \n \n \n Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent supportive living through assisted living to long term care. It is the largest operator in the Canadian seniors living sector with over 200 quality retirement communities in four provinces, including properties under development. Chartwell is committed to its vision of Making People's Lives BETTER and to providing a happier, healthier and more fulfilling life experience for its residents. For more information, visit\n \n www.chartwell.com\n \n .\n \n \n \n FORWARD LOOKING INFORMATION\n \n \n \n This press release contains forward-looking information that reflects the current expectations, estimates and projections of management about the future results, performance, achievements, prospects or opportunities for Chartwell and the seniors housing industry. Forward-looking statements are based upon a number of assumptions...

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