Congratulations to 714 Canadian Investors on the Apex on Perkins!
Great news for the 714 Canadian investors who chose to invest in The Apex on Perkins, a student housing project in Stillwater, Oklahoma. Today, they’ve received another dividend payout—in US dollars—totalling $9,691.00 USD!
Currency Perks
Over the past few months, the US dollar has shown considerable growth against the Canadian dollar, further amplifying the value of the dividend earnings when converted to CAD.
As of today, 1 USD equals approximately 1.43 CAD. Compared to a year ago, when it hovered closer to 1.33 CAD, this increase means that your US-dollar earnings stretch even further at home.
For example, between May 8th, 2024, and January 8th, 2025, the USD appreciated against the CAD, increasing the value of a $1,000 USD investment by approximately $65.40 CAD. This calculation reflects only the effect of exchange rate fluctuations and does not account for any changes in the property’s value or other factors.
Calculations:
Initial Investment in CAD (May 8th, 2024*):
$1,000 USD × 1.3723 CAD/USD = $1,372.30 CAD
Current Value in CAD (January 8th, 2025*):
$1,000 USD × 1.4377 CAD/USD = $1,437.70 CAD
Appreciation Due to Exchange Rate Change:
$1,437.70 CAD – $1,372.30 CAD = $65.40 CAD
As with any investment, past performance doesn’t guarantee future outcomes, but it’s exciting to see a positive lift in value for investors who chose this opportunity. Keep an eye out for more investment opportunities coming soon. Join addy today and start your journey!
