Timbercreek Financial Declares Monthly Cash Dividend of $0.0575 Per Common Share

Timbercreek Financial (TSX: TF) has announced a monthly cash dividend of $0.0575 per common share to be paid on August 15, 2024. The dividend will be distributed to holders of Common Shares of record on July 31, 2024. Additionally, the company offers a Dividend Reinvestment Plan (the “Plan”) which allows holders of Common Shares to purchase additional shares by reinvesting cash dividends at a potential discount.

Under the Plan, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the Average Market Price for the five trading day period ending on the third business day prior to the dividend payment date. Shareholders who hold their Common Shares through a broker or financial institution must enroll for distribution reinvestment through their nominee holder.

Timbercreek Financial is a leading non-bank, commercial real estate lender providing structured financing solutions to commercial real estate investors. The company’s approach focuses on thorough underwriting, active management, and strong governance to target strong risk-adjusted returns for investors.

For more information about Timbercreek Financial and the Dividend Reinvestment Plan, visit their website at https://www.timbercreekfinancial.com/investor-relations/dividend-reinvestment-plan.