Month Record Date Payment Date Amount
November November 30, 2018 December 14, 2018 $0.03416
October October 31, 2018 November 15, 2018 $0.03416
September September 30, 2018 October 15, 2018 $0.03416
August August 31, 2018 September 17, 2018 $0.03416
July * July 31, 2018 August 15, 2018 $0.03196

* For the period from the closing of the REIT's IPO on July 3 to July 31

Tax Information

An objective of Minto Apartment REIT is to provide Unitholders with stable, predictable and growing monthly cash distributions on a tax-efficient basis. For Canadian federal income tax purposes, distributions from the REIT will be classified as either income, return of capital, or a combination of income and capital. Unitholders should seek professional advice with respect to the income tax consequences of an investment in the REIT's Units. The REIT will disclose the tax treatment for unitholder distributions by the end of February in each calendar year.

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