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Timbercreek Financial Declares June 2025 Dividend
Globenewswireยท2025-06-23 22:18

Company Overview - Timbercreek Financial is a leading non-bank commercial real estate lender that provides shorter-duration, structured financing solutions to commercial real estate investors [4] - The company focuses on a sophisticated, service-oriented approach to meet borrower needs, offering faster execution and more flexible terms compared to traditional Canadian financial institutions [4] - Timbercreek employs thorough underwriting, active management, and strong governance to target strong risk-adjusted returns for investors [4] Dividend Announcement - The company has declared a monthly cash dividend of $0.0575 per common share, which will be paid on July 15, 2025, to holders of common shares of record on June 30, 2025 [1] - Timbercreek offers a Dividend Reinvestment Plan (the "Plan") that allows holders of common shares to reinvest cash dividends at a potential discount without incurring commissions, service charges, or brokerage fees [2] Dividend Reinvestment Plan Details - Under the Plan, common shares will be acquired either in the open market at prevailing prices or issued from treasury at 98% of the average market price for the five trading days ending on the third business day prior to the dividend payment date [3] - Shareholders holding common shares through a broker or financial institution must enroll for distribution reinvestment through their nominee holder [4]