Distribution

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 Policy

Unitholder Rights Agreement (EN only)

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

Enrollment Form (EN only)

Information Circular

Tax Information

Tax Information