Urbanfund Corp. Declares Quarterly Dividend and Offers Reinvestment Plans

Urbanfund ( (TSE:UFC) ) just unveiled an announcement.

Urbanfund Corp. has announced a dividend of $0.0125 per common share and Series A preferred share for the quarter ending March 31, 2025, payable on April 15, 2025. This dividend is designated as an eligible dividend, offering an enhanced tax credit for Canadian residents. The company also offers Dividend Reinvestment Plans (DRIPs) allowing shareholders to reinvest dividends at a 5% discount. The decision to declare dividends is at the discretion of the board, considering financial results and future prospects.

More about Urbanfund

Urbanfund is a Toronto-based real estate development and operating company listed on the TSX Venture Exchange under the symbol UFC. The company focuses on identifying, evaluating, and investing in real estate or real estate-related projects, with assets located in Toronto, Belleville, Kitchener, London, and Brampton, Ontario, as well as in Montreal, Quebec City, Quebec, and Dartmouth, Nova Scotia.

YTD Price Performance: -4.65%

Average Trading Volume: 3,876

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$43.99M

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