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GRIFFIN-AMERICAN HEALTHCARE REIT III, INC. FILES (8-K) Disclosing Other Events

June 26, 2014



Item 8.01 Other Events. On June 23, 2014, our board of directors authorized a daily distribution to our stockholders of record as of the close of business on each day of the period commencing on July 1, 2014 and ending September 30, 2014. The distributions will be calculated based on 365 days in the calendar year and will be equal to $0.001643836 per share of common stock. These distributions will be aggregated and paid in cash monthly in arrears. The distributions declared for each record date in the July 2014, August 2014 and September 2014 periods will be paid in August 2014, September 2014 and October 2014, respectively, only from legally available funds.

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Source: Edgar Glimpses


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