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Slate Grocery REIT Declares July Distribution of $0.072 Per Class U Unit

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Slate Grocery REIT (SGR-U.TO, SGR-UN.TO) on Wednesday declared a distribution for the month of July of $0.072 per class U unit of the REIT, unchanged from the prior month, it said on Wednesday.

Holders of class A units of the REIT will receive a distribution equal to the Canadian dollar equivalent of $0.072 per class A unit, unless the unitholder has elected to receive distributions in US dollars. Holders of class I units of the REIT will receive a distribution of $0.072 per class I unit, unless the unitholder elected to receive distributions in Canadian dollars.

The company also said that holders of units of subsidiaries of the REIT that are exchangeable into class U units will receive a distribution of $0.072 per unit. Distributions on all unit classes of the REIT, and distributions on exchangeable units, will be payable on Aug. 17, to unitholders of record as of the close of business on July 31.

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