Effective April 2016, AHIP will begin paying a U.S. dollar denominated distribution to, among other things, better align distributions with AHIP’s cash flows, which are all currently generated in the United States.

On April 18th, 2016, AHIP announced its first monthly U.S. dollar cash distribution in the amount of US$0.054 per limited partnership unit for the period of April 1, 2016 to April 30, 2016, which is equivalent to US$0.648 per unit on an annualized basis. 

The policy of AHIP is to pay cash distributions on or about the 15th day of each month to the unitholders of record on the last business day of the preceding month.

Monthly Distributions in U.S. Dollars (Effective April 2016)

U.S. Dollars 2016 2017    
January n/a US $0.054    
February n/a US $0.054    
March n/a US $0.054    
April US $0.054      
May US $0.054      
June US $0.054      
July US $0.054      
August US $0.054      
September US $0.054      
October US $0.054      
November US $0.054      
December US $0.054      
Total (in USD) $0.486 $0.162    

Unitholders who are interested in receiving distributions in Canadian dollars may wish to speak with their broker or other intermediary about currency conversion options.

Historic Distributions in Canadian Dollars
(February 2013 to March 2016)

Canadian Dollars 2013 2014 2015 2016
January - $0.075 $0.075 $0.075
February - $0.075 $0.075 $0.075
March $0.096 $0.075 $0.075 $0.075
April $0.075 $0.075 $0.075 n/a
May $0.075 $0.075 $0.075 n/a
June $0.075 $0.075 $0.075 n/a
July $0.075 $0.075 $0.075 n/a
August $0.075 $0.075 $0.075 n/a
September $0.075 $0.075 $0.075 n/a
October $0.075 $0.075 $0.075 n/a
November $0.075 $0.075 $0.075 n/a
December $0.075 $0.075 $0.075 n/a
Total (in CAD) $0.771 $0.900 $0.900 $0.225