What does HWD mean in TORONTO STOCK EXCHANGE

Hardwoods Distribution Income Fund (HWD) is a publicly traded real estate investment trust that seeks to create sustainable value for its shareholders by investing in Canadian hardwood distribution centers located in major metropolitan areas. The fund owns and operates a network of hardwood distribution centers across Canada, providing a variety of products to retail customers, contractors and other professionals.

HWD's core strengths include its portfolio of properties located in major markets across Canada, high-quality assets which generate stable income, long-term leases with established tenants, and industry-leading occupancy rates. The fund also offers investors a regular monthly distribution for strong current yield.

HWD distributes various products from renowned suppliers including Forest Stewardship Council (FSC/) certified lumber, hardwood flooring, engineered wood, furniture parts, mouldings, trims and doors.

Distributions are paid out on a quarterly basis following the announcement and declaration by the board of directors. Payments are made to all eligible shareholders based on their shareholdings and paid directly into their designated accounts as indicated on their account statements.

Investing in any security carries some degree of risk. Investors should always seek professional advice before making any investment decision. Hardwood Distribution Income Fund has undertaken extensive measures over the years to mitigate risks associated with its operations but no investment is completely risk free.

Yes, HWD provides asset management services such as acquisition/disposal due diligence analysis; tenant selection/retention; lease negotiation; financial analysis; construction/renovations projects management; budget preparation and compliance reviews; property maintenance coordination; debt restructuring or expansion assistance and more.

Shares of Hardwoods Distribution Income Fund can be purchased on the stock market with prices varying depending the sector performance at any given time period. Costs may also involve brokerage fees related to trading shares on the public markets. Please consult your broker for further information regarding applicable fees or costs involved with trading through an online broker platform as these may vary by institution.