Urbanfund Corp Declares Quarterly Dividend

Urbanfund (TSE:UFC) has released an update.

Urbanfund Corp. has announced a quarterly dividend of $0.0125 per common and Series A, first preferred share, amounting to an annualized dividend of $0.05 per share, payable on July 15, 2024, to shareholders on record as of June 28, 2024. The Toronto-based real estate development company also offers a Dividend Reinvestment Plan with a 5% discount on reinvested dividends. Future dividends will hinge on the company’s financial performance and other relevant factors.

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