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Findev Inc ( (TSE:FDI) ) has provided an update.
Findev Inc. has announced the declaration of dividends to be paid on July 17, 2025, and October 17, 2025, amounting to $0.0075 per share, with an estimated aggregated amount of $214,855.86 for each payment. This marks the 35th and 36th consecutive dividends, bringing the cumulative capital returned to shareholders since December 2016 to over $7 million. The dividends are designated as eligible for the Income Tax Act (Canada). The decision to declare future dividends will depend on the Board of Directors’ assessment of shareholders’ best interests and compliance with applicable laws.
More about Findev Inc
Findev Inc. is a publicly traded real estate finance company that specializes in providing financing to real estate developers, primarily in the Greater Toronto Area. The company focuses on short to medium-term loans during the development or redevelopment process, secured by investment properties or real estate developments. Findev’s market advantage lies in its expertise in real estate development and its partnerships with real estate developers, making it well-suited to assist with challenging projects.
Average Trading Volume: 9,244
Technical Sentiment Signal: Hold
Current Market Cap: C$12.75M
For a thorough assessment of FDI stock, go to TipRanks’ Stock Analysis page.