How often does UTOS pay out dividends

The Manager plans to pay out dividends once a year. Usually, the Board of the Management Company declares a dividend in June of each year but it is not paid out until the second week of July. Unitholders are given three months to make a decision as to whether they wish to reinvest or withdraw their dividend. If a Unitholder does not declare intention to withdraw his or her dividend within this period, the Manager will automatically reinvest the dividend.