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TORONTO, July 18, 2016 /CNW/ - Mainstreet Health Investments Inc. ("Mainstreet" or the "Corporation") (TSX:HLP.U) announced today a cash dividend in the amount of US$0.06139 per common share for the period from July 1, 2016 to July 31, 2016. The dividend will be payable on August 15, 2016 to shareholders of record as of July 29, 2016.
The Corporation also announced today that it has implemented a dividend reinvestment plan (the "DRIP") that takes effect following the above-noted dividend for those shareholders who enroll in the DRIP. Participants in the DRIP will have their cash dividends used to purchase common shares of the Corporation, either directly from the Corporation's treasury or on the open market, at the Corporation's discretion. In the case of a treasury purchase, the common shares may be issued at a discount of up to 3%, at the Corporation's discretion. Shareholders wishing to participate should contact their investment advisors to enroll in the DRIP. Unless otherwise approved by the Corporation, shareholders resident outside of Canada will not be entitled to participate in the DRIP. For more information on the DRIP, please visit http://www.mainstreethealthinvestments.com/dividend-information.
About Mainstreet Health Investments Inc.
Mainstreet Health Investments Inc. is a North American health care real estate company with a growing portfolio of high quality properties located in the United States. Our properties are operated by best-in-class health care providers under long-term, triple net leases. Our mission is to create long-term shareholder value while providing an investment opportunity that matters. For more information visit www.mainstreethealthinvestments.com.
SOURCE Mainstreet Health Investments Inc.
For further information: Investors: Mr. Randy Henry, Director - Investor Relations, 1-317-582-6971, firstname.lastname@example.org; Media: Ms. Ashley Mattox, Communications Manager, 1-317-582-6986, email@example.com