Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s): ARESF | T.AX.UN | T.AX.PR.I

Real Estate REIT - Diversified

Artis Real Estate Investment Trust is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. The Company’s portfolio comprises more than 100 commercial properties. Its properties include Bower Centre; Maynard Technology Centre; McCall Lake Industrial; Pepco Building; Alex Building; 1093 Sherwin Road; 1681-1703 Dublin Avenue; Keewatin Distribution Centre; 360 Main & Shops of Winnipeg Square; Hamilton Building; Bell MTS Building II; Grande Prairie Power Centre; Northern Lights Shopping Centre I; 2190 McGillivray Boulevard; 1431 Church Avenue; Prudential Business Park 1; 951-977 Powell Avenue & 1326 Border Street, 100 Omands Creek Boulevard, Hudson's Bay Centre, and others.

TSX:AX.PR.E - Post by User

Artis Real Estate Investment Pref Shs Series E

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Comment by ChupacabraBuenoon Dec 18, 2014 12:10pm

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Post# 23244731

RE:RE:ax.un

The portion of the distribution that is considered a return of capital rather than a dividend is not taxed, but is deducted from your cost base that will be used to calculate capital gain/loss when you sell your shares. Assuming gains, this does allow you to recoup some of your investment while deferring that capital gains tax. It would take a long time for your cost base to go to zero or turn negative. Say for easy figuring that of the $0.09 distribution $0.03 was considered a return of capital. That's $.36 per year, $3.60 in 10 years.

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