DRI Healthcare Trust Declares Distribution
March 23 2021 - 4:00PM
PR Newswire (Canada)
TORONTO, ON, March 23, 2021 /CNW/ - The board of trustees
of DRI Healthcare Trust (the "Trust") (TSX: DHT.U)
(TSX: DHT.UN) has approved the payment of a distribution of
US$0.0167 per trust unit. The
distribution will be paid on April 20,
2021 to unitholders of record at the close of business on
March 31, 2021. The distribution is
for the period from the closing of the initial public offering of
the Trust on February 19, 2021 to
March 31, 2021.
The Trust designates this distribution to be an "eligible
dividend" pursuant to subsection 89(14) of the Income Tax
Act (Canada) and its
equivalent in any provinces of Canada.
About DRI Healthcare Trust
DRI Healthcare Trust
provides unitholders with differentiated exposure to the
anticipated growth in the global pharmaceuticals and biotechnology
markets. Our business model is focused on managing and growing a
diversified portfolio of pharmaceutical royalties with the aim to
deliver attractive growth in cash royalty receipts over the long
term. DRI Healthcare Trust is an unincorporated open-ended trust
governed by the laws of the Province of Ontario, externally managed by its manager,
DRI Capital Inc. DRI Healthcare Trust's units are listed and trade
on the Toronto Stock Exchange in Canadian dollars under the symbol
"DHT.UN" and in U.S. dollars under the symbol "DHT.U".
SOURCE DRI Healthcare Trust
Copyright 2021 Canada NewsWire
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