RE:RE:RE:RE:Yesterday's update...SadieLadyCO wrote: Dec 30-Paid on Jan 13 2022...Special Div of .44 cent. That was in addtion to the .10 Paid Jan 14
While that is technically correct, most unitholders felt like there was no special dividend since it was a non cash dividend that was immediately consolidated so they ended up with no cash and the same number of units, just an increased ACB which has no value in a registered account.
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Based on information prepared as of December 31, 2021, unitholders of the Fund will receive a special distribution (the “Special Distribution”) of $0.44 per Unit. The Special Distribution will be settled on January 13, 2022, to unitholders of record as of December 31, 2021.
The Special Distribution will be paid via issuance of the same class of units of the Fund, and immediately thereafter, issued and outstanding units of the Fund will be consolidated such that the number of issued and outstanding units of the Fund does not change."