Timbercreek Financial (TF) Declares $0.0575 Monthly Dividend; 5.7% Yield
Timbercreek Financial (NYSE: TF) declared a monthly dividend of $0.0575 per share, or $0.69 annualized.
The dividend will be payable on August 15, 2025, to stockholders of record on July 31, 2025, with an ex-dividend date of July 30, 2025.
The annual yield on the dividend is 5.7 percent.
The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees.
Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the “Average Market Price”) for the five trading day period ending on the third business day immediately prior to the dividend payment date (the “Trading Period”).
Common Shares acquired under the Plan will be automatically enrolled in the Plan. Shareholders who hold their Common Shares through a broker, financial institution or other nominee must enroll for distribution reinvestment through their nominee holder.
For a dividend history and other dividend-related data on Timbercreek Financial (TF) click here.
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