I do like this management team:
Summit Industrial Income REIT has declared a regular monthly cash distribution of 4.2 cents per unit to be paid on June 15, 2015, to unitholders of record on May 31, 2015.
The previously announced special cash distribution of 1.6 cents per unit will also be paid on June 15, 2015, to unitholders of record on May 31, 2015. As announced, the board of trustees has adopted a policy to pay a special distribution to unitholders of up to 20 per cent of any realized gain on the sale of a property. As a result of the realized gain of $2.3-million or eight cents per unit on the sale of a 75-per-cent interest in two properties in April, 2015, the trustees approved this special distribution.