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Bullboard - Stock Discussion Forum True North Commercial REIT T.TNT.UN

Alternate Symbol(s):  TUERF

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT is primarily focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable... see more

TSX:TNT.UN - Post Discussion

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Post by 4scotia on Jan 07, 2025 3:49pm

TNT.un

TWO YEARS OF DISASTER.NO DIVIDENT.SAD STORY.glta.
Comment by pierrelebel on Jan 07, 2025 4:03pm
The last distribution ($0.025) was paid on November 15th, 2023 (slightly more than a year ago). The money that would have gone to distributions to unitholders has been used to repurchase units for cancellation for the benefit of unitholders. If you need monthly income TNT.UN is not the trust for you. I expect TNT.UN will start a monthly distribution again later this year..