Chartwell Retirement Residences T.CSH.UN

Alternate Symbol(s): CWSRF

Healthcare

Chartwell Retirement Residences is a Canada-based open-ended real estate trust. The Company is engaged in the business of serving and caring for Canada’s seniors. The Company owns and operates a range of seniors housing residences, from independent supportive living through assisted living to long term care. The Company operates through the Retirement Operations segment. It provides resident services and care in settings, such as independent living apartments (IL), independent supportive living-apartments (ISLA), independent supportive living-suites (ISLS), assisted living (AL), and long term care (LTC), among others. The Company’s portfolio groupings are the same property; acquisitions and development; and dispositions and repositioning. Its Retirement Operations property portfolio includes Western Canada, Ontario, Quebec, and others. The Company serves over 25,000 residents in four provinces across the country.

TSX:CSH.UN - Post by User

Chartwell Retirement Residences > GOT Paid "TODAY" DEC 15th >)) THANK YOU

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Comment by pierrelebelon Dec 19, 2022 3:53pm

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Post# 35180584

RE:GOT Paid "TODAY" DEC 15th >)) THANK YOU

Seriously, did you really get paid?

According to their website (based on 2021 distributions):

"2021 - 95.2% of our distributions are return of capital in 2021 "

Basically you are getting your money back and most of that distribution lowers your cost, or, simply put, increases or capital gain or lowers your capital loss when the units are sold (unless your units are held in a trust).

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