Toronto-based Chemtrade Logistics Income Fund on June 21 announced that it has declared a cash distribution of $0.05 per unit for the month of June 2023, payable on July 26, 2023, to unitholders of record at the close of business on June 30, 2023.
Holders of units who are non-residents of Canada will be required to pay all withholding taxes payable in respect of any distributions of income by the fund. Chemtrade offers a Distribution Reinvestment Plant (DRIP) that provides a way for unitholders to accumulate additional Chemtrade units without fees and currently includes a 3% bonus distribution.