Post by
alkhor on Jan 14, 2022 12:42pm
Reduced Distribution
The new distribution is $0.0433.month. I expected a cut as PMZ.UN is also paying a distribution. Just whsh they had announced the new distributions at the time of the spin-off so we would have the full information. Adding the HR.UN and PMZ.un distributions together, we are slightly ahead compared to the pre spinoff rate.
Comment by
pjn0987654321 on Jan 14, 2022 12:56pm
They said in the spin-off announcement "H&R is anticipated to distribute $0.52 per annum" You are right, it is a slight reduction for HR.UN alone and a slight increase when you add HR.UN and PMZ.UN together. To get the 4.3% distribution raise mentioned in the spin-off announcement, you have to continue to hold both.