Urbanfund Corp. Announces Quarterly Dividend for Shareholders
Urbanfund Corp. Announces Dividend Distribution
Urbanfund Corp. is dedicated to rewarding its shareholders, as demonstrated by the announcement of a new dividend. The Company will distribute a dividend of $0.0125 per common share and $0.0125 per Series A, first preferred share for the recent three-month period ending September 30, 2025. This represents an annualized rate of $0.05 per share, with payment scheduled for October 15, 2025, to shareholders recorded as of September 30, 2025.
Dividend Tax Credit Insights
The dividends issued by Urbanfund Corp. are classified as eligible dividends under the Income Tax Act (Canada). This designation allows Canadian residents to benefit from an enhanced dividend tax credit, promoting sustainability in investment returns. Such highlights reflect Urbanfund's commitment to delivering value to its shareholders.
Empowering Shareholders with Dividend Reinvestment Plans
In addition to the declared dividends, Urbanfund offers Dividend Reinvestment Plans (DRIPs) for holders of common shares and Series A, first preferred shares. This initiative offers eligible shareholders an opportunity to reinvest their dividends into additional common shares at a 5% discount based on the average trading price over the ten days leading up to the payment date. These plans encourage shareholders to further engage with the Company and support its growth.
The Future of Dividends
The Urbanfund Board of Directors retains full discretion over the declaration and payment of dividends. Future distributions will rely on a thorough consideration of the Company’s financial standings, cash flow, market conditions, and overall growth prospects. This structured approach ensures that shareholders are kept in the loop regarding the Company’s financial health and dividend strategies.
Understanding Urbanfund Corp.
Urbanfund Corp. is a prominent player in the real estate sector, based in Toronto and listed on the TSX Venture Exchange under the symbol UFC. Operating in Alberta, British Columbia, and Ontario, this reporting issuer stands out for its targeted investments in real estate projects. Urbanfund's focus includes identifying and evaluating valuable real estate opportunities that drive growth and deliver consistent returns for its investors.
Property Portfolio Overview
The Company’s asset portfolio spreads across several key locations, including Belleville, Kitchener, London, Brampton in Ontario, as well as in Montreal and Quebec City in Quebec, and Dartmouth in Nova Scotia. This diverse geographical footprint showcases Urbanfund's strategy of capitalizing on dynamic markets and contributing to community development.
Concluding Remarks
The outlook for Urbanfund Corp. looks promising, bolstered by a strong financial foundation and a commitment to strategic growth. As the Company navigates the evolving real estate landscape, its proactive approach to dividend declarations and shareholder engagement exemplifies a robust business model that prioritizes investor confidence and community impact.
Contact Information
For more information, please reach out to Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp., at 416-703-1877 ext. 2025. Urbanfund welcomes inquiries from potential investors and stakeholders looking to understand their financial trajectory better.
Frequently Asked Questions
What is the declared dividend amount for Urbanfund Corp.?
The declared dividend is $0.0125 per common share and Series A preferred share.
When will the dividend be paid?
The dividend will be paid on October 15, 2025, to eligible shareholders.
What is the purpose of the Dividend Reinvestment Plan?
The DRIP allows shareholders to reinvest their dividends in additional shares at a discounted price, promoting continued investment in Urbanfund.
How does Urbanfund determine future dividend payments?
Future dividend payments depend on the Company’s financial performance and market conditions as assessed by the Board of Directors.
Where can I learn more about Urbanfund Corp.'s business strategy?
For detailed information, shareholders are encouraged to contact the Company directly or review their public disclosures available online.
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