Distribution History
The REIT distributes to Unitholders monthly, on or about the fifteen day in each calendar month, such percentage of the distributable income of the REIT for the preceding calendar month as the Trustees determine in their discretion.
2023
Record Date | Payment Date | Monthly Distribution | Annual Distribution |
September 29 2023 | October 16, 2023 | $0.025 | |
August 31, 2023 | September 15, 2023 | $0.025 | |
July 31, 2023 | August 15, 2023 | $0.025 | |
June 30, 2023 | July 17, 2023 | $0.025 | |
May 31, 2023 | June 15, 2023 | $0.025 | |
April 28, 2023 | May 15, 2023 | $0.025 | |
March 31, 2023 | April 17, 2023 | $0.025 | |
February 28, 2023 | March 15, 2023 | $0.025 | |
January 31, 2023 | February 15, 2023 | $0.025 |
Distribution Reinvestment Plan (DRIP)
On October 4th, 2011, BTB established a Dividend Reinvestment Plan the (the “Plan”) to enable Canadian resident unitholders (“Unitholders”) to acquire additional units of BTB (“Units”) through the reinvestment of regular monthly distributions on all or any part of their Units.
To enrol in the Plan, beneficial Unitholders must contact their broker who is a CDS participant and who holds the Unitholder’s uncertificated Units. Registered Unitholders must contact Computershare Trust Company of Canada National Customer Contact Centre at 1-800-564-6253. Once enrolled, participation in the Plan will continue automatically unless terminated.
Plan Units will be issued directly from the treasury of BTB at a price based on the volume-weighted average of the trading prices for the five (5) trading days immediately preceding the relevant distribution date, discounted by 3%.
BTB reserves the right to amend, suspend or terminate the Plan at any time, but such action shall have no retroactive effect that would prejudice the interest of the Plan participants. All administrative costs associated with the operation of the Plan will be paid by BTB.
BTB has reserved for issuance with the Toronto Stock Exchange 1 100,000 additional Units to accommodate the purchase of Units under the Plan.
2023
Record Date | Payment Date | Monthly Distribution |
August 31, 2023 | September 15, 2023 | $3.0942 |
July 31, 2023 | August 15, 2023 | $3.1850 |
June 30, 2023 | July 17, 2023 | $3.1560 |
May 31, 2023 | June 15, 2023 | $3.1289 |
April 28, 2023 | May 15, 2023 | $3.1459 |
March 31, 2023 | April 17, 2023 | $3.3027 |
February 28, 2023 | March 15, 2023 | $3.5533 |
January 31, 2023 | February 15, 2023 | $3.6434 |