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First Things First
Hey there! So here’s the scoop you need on Timbercreek Financial. You know those consistent cash dividends everyone loves? Here’s the juicy bit: Timbercreek’s dishing out a monthly cash dividend of $0.0575 per common share. Mark your calendars for June 13, 2025, because that’s when the magic happens. But don’t get too comfy — you gotta be on record as a shareholder by May 30, 2025.
Sweet Talk of Dividends
Now, if you’re not into letting your dividends just sit around, Timbercreek’s got something for you: the Dividend Reinvestment Plan. It’s pretty neat. You get to buy more shares without the messy commissions or fees. And sometimes, they throw in a discount! You can check out the full program details here.
Plan the Game
Things get a bit more interesting. The Manager, Timbercreek Capital Inc., might acquire shares in the open market or directly from the treasury at 98% of the average market price during that five-day trading window. If your shares are held by a broker, make sure they’re in on the plan so you don’t miss out.
Who’s Behind the Curtain?
For those not yet in the loop about Timbercreek, let’s break it down. They’re the slick, non-bank commercial real estate lender around town. Think of them as the folks who get things done quicker and with more flexibility than most of those Canadian banks. Their razor-sharp underwriting and no-nonsense management mean they aim for solid risk-adjusted returns.
In the Know
Wanna chat? Reach out to Blair Tamblyn, the CEO. You can drop him a line at btamblyn@timbercreek.com or poke around their website for more tidbits.
Stay savvy!
