Timbercreek Financial Corp T.TF

Alternate Symbol(s): TBCRF | T.TF.DB.D | T.TF.DB.E | T.TF.DB.F

Timbercreek Financial Corp is a Canada-based non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors. The Company is focused on providing structured financing solutions to real estate owners and investors and acts as an alternative asset class investment manager. The investment objective of the Company is to secure and grow a diversified portfolio of mortgage and other loan investments, generating an attractive risk-adjusted return and monthly dividend payments to shareholders, balanced by a strong focus on capital preservation. The Company focuses primarily on lending against income-producing real estate such as multi-residential, retail and office properties. It fulfills a financing requirement that is not well serviced by the commercial banks: primarily shorter duration, structured financing. It works with borrowers throughout the terms of their mortgages to ensure that their capital requirements are met.

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Timbercreek Financial Corp > Could be folks looking to collect 9% dividends.

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Post by shortermon Jul 25, 2024 7:24am

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Post# 36147502

Could be folks looking to collect 9% dividends.

Timbercreek Financial (TSE:TF) will be paying a $0.06 dividend that represents a yearly dividend yield of 9.03%.
In order to be eligible for the dividend payment you need to own shares of Timbercreek Financial on 07/31/2024.
The payment will take place on 08/15/2024.

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