H&R Real Estate Investment Trust T.HR.UN

Alternate Symbol(s): HRUFF

Real Estate REIT - Diversified

H&R Real Estate Investment Trust is a Canada-based real estate investment trust. The Company owns, operates and develops residential and commercial properties across Canada and in the United States. The Company operates through the four segments: Residential, Industrial, Office and Retail. The Residential segment consists of approximately 24 residential properties in select markets in the United States and its portfolio comprises 8,166 residential rental units. The Industrial segment consists of 66 industrial properties in Canada and two properties in the United States comprising 8.7 million square feet. The Office segment consists of 17 properties in Canada and three properties in select markets in the United States, aggregating 5.5 million square feet. The Retail segment consists of 34 properties in Canada, which are single tenant properties as well as two single tenant retail properties and one multi-tenant retail property in the United States.

TSX:HR.UN - Post by User

H&R Real Estate Investment Trust > Special div Dec 31

<< Previous

Bullboard Posts

Next >>

Comment by alkhoron Dec 21, 2021 12:52pm

192 Views

Post# 34251043

RE:RE:RE:Special div Dec 31

Yes, it is legal but is it moral?

Taxable earning are usually passed on to unitholders in the form of a special cash distribution at the year end so the REIT has no tax obligation. The practice of issueing phantom shares does not benefit unitholders at all but actually hurts them if they have the units in a taxable account. The winner of this is the REIT, who get to keep their surplus cash without paying any tax or cash distribution.

<< Previous

Bullboard Posts

Next >>

3 Mid-Sized Stocks to Consider This Season