1. Timbercreek Financial announces a monthly cash dividend of $0.0575. 2. Dividend payment date is set for September 15, 2025. 3. A Dividend Reinvestment Plan allows shares to be purchased at a discount. 4. Common Shares will be acquired either from the open market or treasury. 5. The company focuses on non-bank commercial real estate lending.
The declaration of a dividend is generally viewed positively, indicating financial stability. Historical trends show dividend announcements often correlate with stock price increases.
The dividend announcement is significant, suggesting profitability and attracting investors. Regular dividends reassure investors of consistent returns, enhancing market confidence.
Given the imminent payment date, effects will be realized shortly. Immediate investor interest in dividends can drive short-term stock performance.
TORONTO, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX:TF) (the "Company") is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share ("Common Share") of the Company to be paid on September 15, 2025 to holders of Common Shares of record on August 29, 2025.
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.
The full text of the Plan can be obtained on the Company's website at https://www.timbercreekfinancial.com/investor-relations/dividend-reinvestment-plan
About Timbercreek Financial
Timbercreek Financial is a leading non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors. Our sophisticated, service-oriented approach allows us to meet the needs of borrowers, including faster execution and more flexible terms that are not typically provided by Canadian financial institutions. By employing thorough underwriting, active management and strong governance, we are able to meet these needs while targeting strong risk-adjusted returns for investors.
CONTACT:
Timbercreek Financial
R. Blair Tamblyn
Chief Executive Officer
btamblyn@timbercreek.com
www.timbercreekfinancial.com.
