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    SMU.UN   CA8661201167

SUMMIT INDUSTRIAL INCOME REIT

(SMU.UN)
  Report
Delayed Toronto Stock Exchange  -  04:00 2022-08-05 pm EDT
18.44 CAD   -0.81%
07/28SUMMIT INDUSTRIAL INCOME REIT : Ex-dividend day for
FA
07/20National Bank on REITs' Q2 -- Says "Rising Rates Reset Returns
MT
07/18Summit Industrial Income Declares Cash Distribution for July
MT
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Summit Industrial Income REIT Announces Suspension of Distribution Reinvestment Plan

06/24/2022 | 05:30pm EDT

Summit Industrial Income REIT announced the suspension of its distribution reinvestment plan (the "DRIP"). Commencing with the July monthly distribution, and for all future distributions until further notice, unitholders who elected to participate in the DRIP will receive the full amount of any declared distributions on their units on the applicable distribution payment date in cash. The July distribution is expected to be paid on August 15, 2022, to unitholders of record on July 29, 2022. If Summit elects to reinstate the DRIP in the future, unitholders that were enrolled in the DRIP at the time of its suspension and remain enrolled at the time of its reinstatement will automatically resume participation in the DRIP.


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All news about SUMMIT INDUSTRIAL INCOME REIT
07/28SUMMIT INDUSTRIAL INCOME REIT : Ex-dividend day for
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07/20National Bank on REITs' Q2 -- Says "Rising Rates Reset Returns
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07/18Summit Industrial Income Declares Cash Distribution for July
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Financials
Sales 2022 242 M 187 M 187 M
Net income 2022 - - -
Net Debt 2022 - - -
P/E ratio 2022 -
Yield 2022 3,13%
Capitalization 3 501 M 2 704 M 2 704 M
Capi. / Sales 2022 14,4x
Capi. / Sales 2023 13,3x
Nbr of Employees -
Free-Float 93,2%
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Mean consensus OUTPERFORM
Number of Analysts 9
Last Close Price 18,44 CAD
Average target price 21,44 CAD
Spread / Average Target 16,3%
Managers and Directors
Paul Dykeman Chief Executive Officer & Non-Independent Trustee
Ross Drake Chief Financial Officer
Louis Joseph Maroun Chairman
Dayna M. Gibbs Chief Operating Officer
Lawrence P. Morassutti Independent Trustee
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