Flow Capital Declares Cash Dividend for Series A Preferred Shares
Flow Capital Corp. (TSXV:FW), a recognized leader in alternative debt solutions and flexible growth capital, is thrilled to announce a cash dividend of $0.069 per Series A Preferred Share, reflecting its commitment to shareholder value. This dividend is earmarked for payment on May 2, 2025, and is applicable to shareholders registered by March 31, 2025, marking a successful financial period from January 1, 2025, to March 31, 2025.
Understanding the Dividend Benefits
This dividend is categorized as an eligible dividend according to the Income Tax Act (Canada), which can offer Canadian residents the advantage of an enhanced dividend tax credit. This is particularly beneficial for shareholders seeking to maximize their returns while investing in a company dedicated to supporting innovation and growth in various sectors.
Factors Affecting Future Dividends
Future declarations of dividends, including those on the Preferred Shares, are contingent upon the discretion of Flow Capital’s board of directors. The decision-making process is influenced by the company's overall financial health, cash requirements, and market prospects. This ensures that dividends align with the company's performance and long-term strategic vision.
About Flow Capital
Founded in 2018, Flow Capital Corp. serves as a publicly listed entity that provides flexible growth capital and alternative debt solutions tailored to high-growth firms. The company has supported businesses across the US, the UK, and Canada, enabling them to expand without the burden of equity dilution or the complexities associated with traditional financing channels. Their focus remains on revenue-generating, venture capital-backed, and founder-owned entities that require funding between $2 to $10 million.
Invitation to Apply for Funding
Companies seeking partnership and support through covenant-light, founder-friendly growth capital are warmly encouraged to apply for funding. Flow Capital is passionate about investing in the future of innovation.
Contact Information
If you have any inquiries or require further information, please feel free to reach out:
Flow Capital Corp.
Alex Baluta
Chief Executive Officer, Flow Capital Corp.
alex@flowcap.com
47 Colborne Street, Suite 303
Toronto, Ontario M5E 1E3
Frequently Asked Questions
What is the cash dividend amount announced by Flow Capital?
Flow Capital has declared a cash dividend of $0.069 per Series A Preferred Share.
When will the dividend be paid?
The dividend will be paid on May 2, 2025.
What does it mean for a dividend to be an eligible dividend?
An eligible dividend qualifies under the Income Tax Act (Canada), allowing Canadian recipients to enjoy an enhanced dividend tax credit.
How does Flow Capital decide on future dividend payments?
Future dividend declarations depend on the company's financial performance and board discretion, considering various market and operational factors.
What type of companies does Flow Capital primarily support?
Flow Capital focuses on high-growth, revenue-generating companies that are venture capital-backed and seeking significant funding without equity dilution.
