Mainstreet Equity (TSE:MEQ) has released an update.
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Mainstreet Equity Corp., a real estate operating company specializing in affordable multi-family rentals in western Canada, has declared a quarterly cash dividend of $0.0275 per share for the quarter ending June 30, 2024. Payable on July 31, 2024, to shareholders on record as of July 17, 2024, the dividend is designated as an ‘eligible dividend’ for Canadian tax purposes. The company continues to expand its portfolio, now holding over 18,300 units, with a growth strategy focused on acquiring undervalued properties and enhancing their value.
For further insights into TSE:MEQ stock, check out TipRanks’ Stock Analysis page.