Timbercreek Financial's Upcoming Dividend and Investment Plan
Dividends Announced by Timbercreek Financial
Timbercreek Financial (TSX: TF) is thrilled to announce its latest monthly cash dividend, set at $0.0575 per common share. This payment is scheduled for March 14, 2025, directed towards common share holders whose names appear on the record as of February 28, 2025. This dividend declaration showcases Timbercreek Financial's commitment to delivering value to its investors consistently.
Understanding the Dividend Reinvestment Plan
Not only is Timbercreek Financial prioritizing dividends, but it also provides a Dividend Reinvestment Plan (the “Plan”). This plan is available for all common share holders, offering a streamlined way to invest dividends directly into additional shares. This approach opens the door to purchasing shares at potentially discounted rates, eliminating typical commissions and brokerage fees.
How the Plan Works
Under the management of Timbercreek Capital Inc., Common Shares will be either acquired on the open market at current rates or issued from treasury at 98% of the average share price for the five trading days leading up to the payment date. This efficient strategy is designed to benefit shareholders while fostering an environment that promotes continuous investment in Timbercreek Financial.
Automatic Enrollment and Enrollment through Brokers
All shareholders that participate in the Plan will find their acquired shares automatically enrolled. However, if shares are held via a broker or financial institution, it is necessary for those shareholders to register for distribution reinvestment through their respective nominee holders. This ensures a seamless experience for all parties involved while maintaining the plan's integrity.
About Timbercreek Financial
Timbercreek Financial stands as a premier non-bank lender within the commercial real estate sector, specializing in structured financing that caters to short-duration needs of investors. The company prides itself on a service-oriented approach that distinguishes it from traditional Canadian financial institutions. Timbercreek Financial effectively addresses the demands of borrowers, enabling rapid execution and flexible terms that enhance investor experience.
Commitment to Quality and Governance
Through diligent underwriting, active management, and strong governance, Timbercreek Financial seeks to achieve substantial risk-adjusted returns for its investors. The company remains dedicated to utilizing comprehensive evaluation processes while making informed financing decisions. By aligning its objectives with those of its investors, Timbercreek ensures the fulfillment of both parties' goals.
Contact Information
For additional queries or insights regarding Timbercreek Financial’s operations, investors can reach out to:
Timbercreek Financial
Blair Tamblyn
Chief Executive Officer
btamblyn@timbercreek.com
www.timbercreekfinancial.com.
Frequently Asked Questions
What is the amount of Timbercreek's monthly dividend?
Timbercreek has declared a monthly cash dividend of $0.0575 per common share.
When will the dividend be paid?
The announced dividend is scheduled to be paid on March 14, 2025.
Who is eligible for the Dividend Reinvestment Plan?
The Plan is open to all holders of Common Shares of Timbercreek Financial.
How does the Dividend Reinvestment Plan benefit investors?
The Plan allows shareholders to reinvest their cash dividends into additional shares, potentially at a discounted price, without incurring commissions.
How can I contact Timbercreek Financial for more information?
You can reach out to Timbercreek Financial's CEO, Blair Tamblyn, via email at btamblyn@timbercreek.com.
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