American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

Alternate Symbol(s): AHOTF | T.HOT.UN

American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company's primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.

TSX:HOT.DB.V - Post by User

American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures > Gift for us long time holders

<< Previous

Bullboard Posts

Next >>

Comment by ckwongon Nov 10, 2021 6:22am

158 Views

Post# 34108504

RE:RE:Gift for us long time holders

There are two transactions here that I would like to split the hair.

1. Deferred distribution. The payment for March 2020 was deferred. If you did not registred as owner before the Mar 2020 ex-div date, you will not entitle to. If you do, it will be paid Dec this year whether you own it now or not. It is like preferred share with dividend deferred feature. The company write an IOU and it will be paid out when it is possible.There is a tax question. Is this 2020 income or 2021 income?

2. Supended distribution. During the suspension period, there is no distribution approved by the board of directors. If you own the units during the suspension period, you will not receive deferred distribution because there is none.

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec