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
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 Distribution 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.

 

 

2022

Record Date Payment Date Monthly Distribution
Decmber 30, 2022 January 16, 2023 $3.7007
November 30, 2022 December 15, 2022 $3.6120
October 31, 2022 November 15, 2022 $3.4447
September 30, 2022 October 17, 2022 $3.1269
August 31, 2022 September 15, 2022 $3.5099
July 30, 2022 August 15, 2022 $3.7340
June 30, 2022 July 15, 2022 $3.4492
May 31, 2022 June 15, 2022 $3.6991
April 29, 2022 May 16, 2022 $3.8213
March 31, 2022 April 15, 2022 $4.1093
February 28, 2022 March 15, 2022 $4.1049
January 31, 2022 February 15, 2022 $3.9324

Enrollment Form (EN only)

Information Circular