Urbanfund Corp. declares $0.0125 dividend per share

Urbanfund Corp. has announced a dividend. The company's Board of Directors declared a dividend of $0.0125 per common share and the same for Series A preferred shares. This dividend is for the three-month period ending March 31, 2025. Shareholders will receive the dividend on April 15, 2025, if they own shares by March 31, 2025. This dividend is considered an "eligible dividend," which means it qualifies for a special tax credit for Canadian residents. Urbanfund also offers a Dividend Reinvestment Plan. This plan allows shareholders to reinvest their cash dividends into more shares at a 5% discount, based on the average trading price over the ten days before payment. Interested shareholders should check the plan details and consult their investment advisors. The company emphasizes that future dividends depend on various factors, including financial performance and cash needs. Urbanfund operates in several locations, including Toronto and Quebec.