Starwood Real Estate Income Trust Declares October Distributions
November 1, 2021 | James Sprow | Blue Vault
On October 29, 2021, 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 as of the close of business on October 31, 2021 and will be paid on or about November 3, 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 monthly gross distribution rates of $0.1035 have been consistent throughout 2020 and 2021.
As of September 30, 2021, the net asset value (“NAV”) per share for Class I shares was $24.40. YTD in 2021, the NAV per share has increased 12.6% from the January value of $21.68. The distribution yield using the $0.1035 distribution rate for Class I shares is 5.09% annualized based upon the $24,40 NAV.
Source: SEC, Starwood Real Estate Income Trust website
