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Urbana Corp T.URB

Alternate Symbol(s):  UBAAF | C.URB | C.URB.A | T.URB.A | URNAF

Urbana Corporation is a Canada-based investment holding company. The Company’s objectives are to seek out, and invest in, private investment opportunities for capital appreciation and invest in publicly traded securities. The Company makes investments in a range of private companies across different industry sectors. The Company’s investment portfolio includes private equity investments, public equity investments and private debt investments. It has owned resource properties in Urban Township, Quebec, where it holds approximately 44 claims in the area totaling over 1,154.4 hectares. Caldwell Investment Management Ltd. (CIM) is the investment manager, which provides investment, portfolio management and other services to the Company. Its subsidiaries include Urbana International Inc. and Radar Capital Inc.


TSX:URB - Post by User

Comment by mrmoribundon Jan 06, 2022 4:45pm
200 Views
Post# 34290706

RE:Fourth Regular Dividend Increase in Five Years

RE:Fourth Regular Dividend Increase in Five YearsOkay, I'll take it, though there's a strong case to be made that the money would be better spent on buying more shares (at 1/2 the NAV per share) under the NCIB.

I guess a shareholders always has the option of using their dividend to buy more shares on the open market (also at 1/2 the NAV per share). Leads to a roughly equivalent outcome though not quite so good from a tax perspective (due to the dividend income received).
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