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Bullboard - Stock Discussion Forum Alaris Equity Partners Income 6 25 Senior Unsecured Debentures T.AD.DB.A

Alternate Symbol(s):  ADLRF | T.AD.UN

Alaris Equity Partners Income Trust (the Trust) is a Canada-based trust. The Trust’s operations consist of investments in private operating entities, typically in the form of preferred or common limited partnership interests, preferred or common interest in limited liability corporations in the United States, and loans receivable. The Trust’s Canadian investments are made through a wholly owned... see more

TSX:AD.DB.A - Post Discussion

Alaris Equity Partners Income 6 25 Senior Unsecured Debentures > Alaris Equity Partners Income Trust Declares Q4 Distribution
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Post by SuperM on Dec 20, 2023 5:01pm

Alaris Equity Partners Income Trust Declares Q4 Distribution

Alaris Equity Partners Income Trust Declares Q4 Distribution

T.AD.DB 

NOT FOR DISTRIBUTION IN THE UNITED STATES.
FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.

CALGARY, Alberta, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust (“Alaris” or the “Trust”) (TSX: AD.UN) announces that the Board of Directors of the Trust (the “Board”) has declared a trust distribution (“Distribution”) of $0.34 per trust unit for the fourth quarter of 2023, representing $1.36 per unit on an annualized basis. The Distribution is payable on January 15, 2024 to unitholders of record on December 29, 2023.

About Alaris:

The Trust, through its subsidiaries, provides alternative financing for a diversified group of private businesses ("Private Company Partners") in exchange for royalties or distributions from the Private Company Partners, with the principal objective of generating stable and predictable cash flows for distribution payments to its unitholders. Distributions from the Private Company Partners are adjusted each year based on the percentage change of a "top line" financial performance measure such as gross margin and same-store sales and rank in priority to the owners' common equity position.

For further information please contact:
Investor Relations
P: (403) 260-1457
ir@alarisequity.com

Alaris Equity Partners Income Trust
Suite 250, 333 24th Avenue S.W.
Calgary, Alberta T2S 3E6
www.alarisequitypartners.com


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Comment by pierrelebel on Dec 23, 2023 1:17pm
$0.34 is OK but, somehow, I expected an increase since the last increase (from $0.33 to $0.34) was in December 2022. It would have been a nice way to end the year and let unitholders know things are really going well.
Comment by Stonksonlyup90 on Dec 23, 2023 3:52pm
A penny a quarter won't make a difference. I'd rather see them implement a NCIB and begin to buyback stock. The DRIP causes a lot of dilution when we constantly trade at a sizeable discount to Book Value
Comment by SuperM on Dec 27, 2023 9:25am
X-Divi tomorrow Dec. 28th Last day to buy to receive distributions. GLTA SM
Comment by SuperM on Dec 27, 2023 9:27am
Should say "last day to buy today in order to receive distributions" 
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