TSX - WRK.UN
TORONTO, April 20 /CNW/ - Whiterock Real Estate Investment Trust ("Whiterock") announced today that its distribution declared for the month of April 2010 is $0.14025, representing $1.683 per Unit on an annualized basis, an annualized yield of approximately 11.1% based on the April 19, 2010 Unit closing price of $15.10. Payment of April's distribution will be made on or about May 15, 2010 to Unitholders of record on April 30, 2010.
At the close of business on April 19, 2010, Whiterock had 13,638,209 Units issued and outstanding.
Whiterock's Distribution Reinvestment Plan allows Unitholders to purchase additional Units using their distributions, without brokerage fees, at 96% of the volume weighted average trading price for the ten days immediately preceding a distribution payment date. The enrolment form and further details are available at www.whiterockreit.ca/drip.html.
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
SOURCE WHITEROCK REAL ESTATE INVESTMENT TRUST
For further information: For further information: www.whiterockreit.ca; Frank Bucys, CFO, (416) 907-4864; Jennifer Kosloski, Controller, (416) 979-3026