TSX - WRK.UN
TORONTO, Nov. 18 /CNW/ - Whiterock Real Estate Investment Trust ("Whiterock") announced today that its distribution declared for the month of November 2009 is $0.14025, representing $1.683 per Unit on an annualized basis, an annualized yield of approximately 11.8% based on the November 17, 2009 Unit closing price of $14.31. Whiterock split its units on a 2-for-1 basis effective November 11, 2009 and November's distribution is equivalent to the pre-split distribution paid for the month of October 2009. Payment of November's distribution will be made on or about December 15, 2009 to Unitholders of record on November 30, 2009.
At the close of business on November 17, 2009, Whiterock had 9,603,618 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