Chartwell Retirement Residences Announces May 2023 Distribution

Retirement


Mississauga, Ontario, May 15, 2023 /CNW/ – Chartwell Retirement Residence (“Chartwell”) (TSX: CSH.UN) today announced $0.051 per trust unit. Cash distributions are paid on the following days. June 15, 2023 To unitholders of record May 31, 2023.

Chartwell Retirement Residences (IR) Logo (CNW Group/Chartwell Retirement Residences)

Chartwell Retirement Residences (IR) Logo (CNW Group/Chartwell Retirement Residences)

Unitholders may participate in Chartwell’s Distributive Reinvestment Plan (“DRIP”). An Eligible Investor registered with the DRIP will use monthly cash distributions to purchase trust units and will also receive a bonus his units equal to 3% of his monthly cash distributions. The DRIP offers unitholders the opportunity to steadily increase their ownership of Chartwell without incurring commissions or brokerage fees. Full details on DRIP are available on his website at Chartwell. http://www.chartwell.com or from the unitholder’s investment advisor.

About Chartwell

Chartwell is in the business of serving and caring. Canada’s seniors. Chartwell is committed to a vision of making people’s lives better, providing residents with a happier, healthier and more fulfilling living experience. Chartwell is an unincorporated, unrestricted real estate trust that indirectly owns and operates a full range of senior housing from assisted living to assisted living to long-term care. The company is the largest operator of senior housing in Canada, with approximately 200 properties in four provinces, including properties under development. For more information, please visit http://www.chartwell.com.

For more information, please contact:

Chartwell Retirement Residence
Vlad Volodarsky
chief executive officer
Phone: (905) 501-4709
Email: investorrelations@chartwell.com

Source Chartwell Retirement Residence

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