1. CAPREIT will distribute $0.12916 per Unit in August 2025. 2. Total annualized distribution expected is $1.55 per Unit. 3. CAPREIT owns approximately 45,400 residential units worth $14.5 billion. 4. Company has increased monthly distributions by 117% since IPO in 1997. 5. Dividends are payable on September 15, benefiting long-term investors.
Constant dividend growth demonstrates financial stability, attracting more investors.
Positive dividend signals financial health, likely to encourage investment interest.
Immediate payment announcement boosts investor sentiment amid upcoming distribution timeframe.
TORONTO, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust ("CAPREIT") (TSX:CAR) announced today its August 2025 monthly distribution in the amount of $0.12916 per Unit (or $1.55 on an annualized basis). The August 2025 distribution will be payable on September 15, 2025 to Unitholders of record at the close of business on August 29, 2025.
CAPREIT is Canada's largest publicly traded provider of quality rental housing. As at June 30, 2025, CAPREIT owns approximately 45,400 (excluding approximately 1,600 suites classified as assets held for sale) residential apartment suites and townhomes that are well-located across Canada and the Netherlands, with a total fair value of approximately $14.5 billion (excluding approximately $0.6 billion of assets held for sale). Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 117%. For more information about CAPREIT, its business and its investment highlights, please visit our website at www.capreit.ca and our public disclosure which can be found under our profile at www.sedarplus.ca.
For further information please contact:
| CAPREIT Mr. Mark Kenney President & Chief Executive Officer (416) 861-9404 | CAPREIT Mr. Stephen Co Chief Financial Officer (416) 306-3009 | CAPREIT Mr. Julian Schonfeldt Chief Investment Officer (647) 535-2544 |
