Timbercreek Financial (TSE:TF) has released an update.
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Timbercreek Financial, a leading non-bank commercial real estate lender, has announced a monthly cash dividend of $0.0575 per common share, payable on April 15, 2024, to shareholders of record as of March 28, 2024. Investors have the opportunity to reinvest their cash dividends through the company’s Dividend Reinvestment Plan, which allows the purchase of additional common shares without the usual transaction costs. Shares will be acquired either from the open market or issued from treasury, with enrolment available through nominees for those who hold shares through brokers or other financial institutions.
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