On August 31, 2018, H&R completed the previously announced amended internal reorganization which resulted in the Stapled Unit structure being unwound. Unitholders now only hold units of H&R REIT to reflect their investments. Click here (Download News in PDF:H&R Real Estate Investment Trust Announces Completion of Previously) for more information.

Annual Tax Treatment of Distributions

(Payout Ratio per Unit, as a % of Funds From Operations is 51.0%)

Year	REIT Distribution	REIT Distribution PDF Link	Download Tax Information	Finance Trust Distribution	Download Tax Information	Combined Distribution	Download Tax Information	Other
2023	$0.70	/wp-content/uploads/2022/03/2023-12-31-HR-REIT-Distributions.pdf
2022	$0.59	/wp-content/uploads/2023/02/2022-12-31-HR-REIT-Distributions.pdf
2021	$0.79	/wp-content/uploads/2022/02/2021-12-31-HR-REIT-Distributions.pdf
2020	$0.92	/wp-content/uploads/2021/02/2020-12-31-HR-REIT-Distributions_Tax.pdf		N/A		N/A
2019	$1.38	/wp-content/uploads/2020/03/2019-Tax-Treatment.pdf		N/A		N/A
2018	$1.30	/wp-content/uploads/2019/10/2018-Tax-Treatment-REIT.pdf		$0.08		$1.38
2017	$1.27	/wp-content/uploads/2019/10/2017-Tax-Treatment-REIT.pdf		$0.11		$1.38
2016	$1.23	/wp-content/uploads/2019/10/2016-Tax-Treatment-REIT.pdf		$0.12		$1.35
2015	$1.23	/wp-content/uploads/2019/10/2015-Tax-Treatment-REIT.pdf		$0.12		$1.35
2014	$1.24	/wp-content/uploads/2019/10/2014-Tax-Treatment-REIT.pdf		$0.11		$1.35
2013	$1.26	/wp-content/uploads/2019/10/2013-Tax-Treatment.pdf		$0.09		$1.35
2012	$1.10	/wp-content/uploads/2019/10/2012-Tax-Treatment-REIT.pdf		$0.08		$1.18
2011	$0.88	/wp-content/uploads/2019/10/2011-Tax-Treatment-REIT.pdf		$0.10		$0.98
2010	$0.68	/wp-content/uploads/2019/10/2010-Tax-Treatment-REIT.pdf		$0.11		$0.79
2009	$0.61	/wp-content/uploads/2019/10/2009-Tax-Treatment-REIT.pdf		$0.11		N/A
2008	$1.40	/wp-content/uploads/2019/10/2008-Tax-Treatment-REIT.pdf		$0.04		N/A
2007	$1.37	/wp-content/uploads/2019/10/2007-Tax-Treatment.pdf		N/A		N/A
2006	$1.33	/wp-content/uploads/2019/10/2006-Tax-Treatment.pdf		N/A		N/A
2005	$1.30	/wp-content/uploads/2019/10/2005-Tax-Treatment.pdf		N/A		N/A
2004	$1.24	/wp-content/uploads/2019/10/2004-Tax-Treatment.pdf		N/A		N/A
2003	$1.22	/wp-content/uploads/2019/10/2003-Tax-Treatment.pdf		N/A		N/A
2002	$1.20	/wp-content/uploads/2019/10/2002-Tax-Treatment.pdf		N/A		N/A
2001	$1.16	/wp-content/uploads/2019/10/2001-Tax-Treatment.pdf		N/A		N/A
2000	$1.11	/wp-content/uploads/2019/10/2000-Tax-Treatment.pdf		N/A		N/A
1999	$1.10	/wp-content/uploads/2019/10/1999-Tax-Treatment.pdf		N/A		N/A
1998	$0.92	/wp-content/uploads/2019/10/1998-Tax-Treatment.pdf		N/A		N/A
1997	$0.92	/wp-content/uploads/2019/10/1997-Tax-Treatment.pdf		N/A		N/A

Unitholder Distribution Reinvestment Plan and Unit Purchase Plan

H&R REIT has suspended its’ Distribution Reinvestment Plan (“DRIP”) and Unit Purchase Plan until further notice. Commencing with the March 2018 distribution, unitholders who elected to participate in the DRIP will receive the full declared cash distributions on their Stapled Units on the distribution payment date.

Since January 2000, H&R REIT has offered Canadian registered unitholders the opportunity to participate in its Unitholder DRIP and Unit Purchase Plan.

The DRIP allows participants to reinvest their monthly cash distributions in additional units of H&R REIT at the weighted average price of the units on the TSX for the five trading days immediately preceding the cash distribution date. In addition, participants are entitled to receive an additional distribution equal to 3% of each cash distribution reinvested pursuant to the DRIP, which will be reinvested in additional units.

The Unit Purchase Plan allows participants to purchase additional units on a monthly basis at the Average Market Price subject to a minimum purchase of $250 per month (up to a maximum of $13,500 per year) for each participant.

Click here (DRIP and Unit Purchase Plan Brochure in PDF) for a copy of the DRIP and Unit Purchase Plan Brochure.

For more information on the DRIP and/or the Unit Purchase Plan, please email us through the “Contact Us” web page, or contact the plan agent: AST Trust Company (Canada), P.O. Box 4229, Station A, Toronto, Ontario  M5W 0G1, Tel: 1-800-387-0825 (or for callers outside North America:  416-682-3860), Fax: 1-888-488-1416, Email: inquiries@canstock.com; Website:  www.canstockta.com