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Flagship Communities Announces Cash Distribution

Flagship Communities Announces Cash Distribution

Flagship Communities REIT Investment Trust (TSE:MHC.UN) has released an update.

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Flagship Communities Real Estate Investment Trust has declared a cash distribution of US$0.0492 per unit for June 2024, which extrapolates to US$0.59 annually, with payments due mid-July to registered unitholders. The company, a key player in affordable manufactured housing communities, operates across multiple U.S. states. Investors are advised to seek tax guidance due to potential U.S. withholding taxes on distributions.

For further insights into TSE:MHC.UN stock, check out TipRanks’ Stock Analysis page.

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