US Student Housing REIT announced the maiden pro-rata distribution for the period 8 March to 31 March 2022 of US 0.41 cents per unit, gross of any US withholding tax. This equates to an annualised distribution yield of 6.3% based on the IPO issue price, in line with pro-forma forecasts outlined in the Product Disclosure Statement. The dividend will be paid on May 26, 2022 to the record holders as on May 20, 2022.