Oaktree Real Estate Income Trust Declares Increased Distributions
October 28, 2021 | James Sprow | Blue Vault
On October 28, 2021, Oaktree Real Estate Income Trust, Inc. (the “Company”) declared
distributions for each class of its common stock in the amount per share set forth below:
The net distributions for each class of common stock (which represents the gross distributions
less stockholder servicing fees for the applicable class of common stock) are payable to
stockholders of record immediately following the close of business on October 28, 2021 and
will be paid on or about November 20, 2021. These distributions will be paid in cash or
reinvested in shares of the Company’s common stock for stockholders participating in the
Company’s distribution reinvestment plan.
The distribution rates for October represent an increase from the gross distribution rates for
September which were $0.0443 and August which were $0.0435. The year-earlier gross
distribution rates for October 2020 were $0.0369. Y-O-Y the REIT’s gross distribution rates
have increased 28.5%.
Source: SEC