Urbana Corporation Announces Updated Ex-Dividend Date
Urbana Corporation Clarifies Ex-Dividend Date for Shareholders
Urbana Corporation, widely recognized for its commitment to shareholder value, has issued an important update regarding its recently declared dividend. The Corporation announced a dividend of thirteen cents ($0.13) per share on its Common and non-voting Class A shares. This announcement is particularly relevant for investors keen on understanding dividend timelines.
The Correct Ex-Dividend Date
In a recent communication, Urbana Corporation mistakenly listed the ex-dividend date as January 16, 2025. However, it has now been confirmed that the correct ex-dividend date is January 17, 2025. This adjustment may seem minor, but for shareholders and investors, knowing the right date can significantly impact their financial planning and decisions regarding share ownership.
Dividend Details
The announced dividend of $0.13 per share reflects Urbana's ongoing dedication to returning value to its shareholders. Including this dividend, Urbana Corporation continues its trend of consistent payouts, reinforcing its commitment to enhancing shareholder wealth.
Importance of Dividend Dates
Understanding the nuances of dividend dates is crucial for investors. The ex-dividend date marks when a stock begins trading without the value of its next dividend payment. Hence, it’s vital for investors to hold the shares before this date to qualify for the upcoming payout.
What Investors Should Do
Shareholders should review their portfolios and ensure that they own the shares prior to the adjusted ex-dividend date. This action is essential for those aiming to benefit from the declared dividend. Monitoring such updates helps maintain strategic investment approaches and enhances understanding of market movements.
Official Communication
This update was communicated on behalf of Urbana's Board of Directors by Thomas S. Caldwell, C.M., ensuring that all stakeholders receive accurate and timely information. For further inquiries or clarification, Elizabeth Naumovski, Investor Relations, is available at 416-595-9106. Her role is crucial in fostering transparent communication between the Corporation and its investors.
Continuous Commitment to Shareholders
Urbana Corporation is deeply committed to its shareholders and continuously seeks to improve its communication around dividends and other corporate actions. Ensuring that all investors have the right information reflects Urbana's dedication to maintaining trust and integrity.
Frequently Asked Questions
What is the new ex-dividend date for Urbana Corporation?
The new ex-dividend date is January 17, 2025, as per the recent announcement.
How much is the declared dividend per share?
The declared dividend is thirteen cents ($0.13) per share.
Who should I contact for more information about Urbana Corporation?
You can contact Elizabeth Naumovski, Investor Relations, at 416-595-9106 for more details.
Why is the ex-dividend date significant?
The ex-dividend date is important because it determines eligibility for the upcoming dividend payment.
What is the dividend paid on Urbana's shares?
The dividend paid on Urbana's shares is $0.13 per share as announced.
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