Bullboard - Stock Discussion Forum Dri Healthcare Trust T.DHT.UN

Alternate Symbol(s): DHTRF

Healthcare Biotechnology

DRI Healthcare Trust is an open-ended trust that provides unitholders with differentiated exposure to the anticipated growth in the global pharmaceuticals and biotechnology markets. Its business model is focused on managing and growing a diversified portfolio of pharmaceutical royalties to deliver attractive growth in cash royalty receipts over the long term. Geographically, it has a presence... see more

Add To Watchlist

TSX:DHT.UN - Post Discussion

Dri Healthcare Trust > Special divvy?

View:

Post by HermannHaller on Dec 21, 2022 4:56pm

Special divvy?

I expect an announcement tomorrow. Last year it was US$0.22, I will be disappointed if it is not at least the same.

GLTA

188

Comment

Comment by deleuze68 on Dec 21, 2022 6:00pm

Last year the trust paid out $0.3867 in distributions including the $0.22 special distribution (the quarterly distribution was only raised to $0.075 in November so the special distribution made up for the lower distributions during the first half the year). DRI intends to distribute 20-30% of cash earnings. Last year cash earnings were $1.85 so the amount distributed (21%) was pretty much at the ...more

190

Comment

Comment by HermannHaller on Dec 21, 2022 6:14pm

The special distribution is non-cash. I'm disappointed.

131

Comment

Comment by deleuze68 on Dec 21, 2022 6:31pm

That's just the unit distribution they have to do for tax purposes. Did the same thing last year, 3.6 cents non-cash with a consolidation of units and increase in ACB. The year end cash distribution should be announced this week.

223

Comment