Montfort Capital Announces Quarterly Dividends

TIMIA Capital (TSE:MONT) has released an update.

Montfort Capital Corp. has declared quarterly cash dividends for its Series A Class A and Series 1 Class C Preferred Shares, with payment to shareholders of record as of March 19, 2024, scheduled for March 28, 2024. The Class A shares will receive $0.02 each, while the Class C shares will receive $0.5520 each, both qualifying as ‘eligible dividends’ for Canadian income tax purposes. Future dividends will be subject to the discretion of the Montfort board of directors.

For further insights into TSE:MONT stock, check out TipRanks’ Stock Analysis page.