Killam Apartment REIT Announces August 2024 Distribution

About this update from Killam Apartment Reit

[{"type":"text","content":"\n\n\n\n Killam Apartment REIT Announces August 2024 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\n HALIFAX, NS\n \n\n ,\n \n\n Aug. 15, 2024\n \n\n\n /CNW/ -\n \n\n Killam Apartment REIT\n \n (TSX: KMP.UN) is pleased to announce its\n \n August 2024\n \n monthly distribution. The distribution of\n \n $0.05833\n \n per unit will be paid on\n \n September 16, 2024\n \n , to unitholders of record on\n \n August 30, 2024\n \n .\n \n\n 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.\n \n\n\n About Killam Apartment REIT\n \n\n\n Killam Apartment REIT, based in\n \n Halifax, Nova Scotia\n \n , is one of\n \n Canada's\n \n largest residential real estate investment trusts, owning, operating, and developing a\n \n $5.3 billion\n \n portfolio of apartments and manufactured home communities.\n \n Killam's\n \n strategy is to enhance value and profitability by focusing on three priorities: 1) increase earnings from existing operations, 2) expand the portfolio and diversify geographically through accretive acquisitions, targeting newer properties and dispositions of non-core asset, and 3) develop high-quality properties in its core markets.\n \n\n For information, please contact:\n \n\n\n Claire Hawksworth\n \n , CPA\n \n Senior Manager, Investor Relations\n \n\n [email protected]\n \n\n (902) 442-5322\n \n\n\n Note: The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.\n \n\n\n SOURCE Killam Apartment Real Estate Investment Trust\n \n\n\n\n\n\n View original content:\n \n http://www.newswire.ca/en/releases/archive/August2024/15/c9005.html\n \n\n\n\n\n","length":4048,"tagName":"div"}]

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