Timbercreek Financial announces June dividend and reinvestment plan

TORONTO - Timbercreek Financial (TSX: TF) has declared a monthly cash dividend of $0.0575 per common share to be paid on June 13, 2025, for shareholders on record as of May 30, 2025. The company, currently trading at $5.30 with a market capitalization of $439 million, offers an attractive dividend yield of 9.56%. In conjunction with the dividend, the company has highlighted its Dividend Reinvestment Plan (the Plan), which allows shareholders to purchase additional shares by reinvesting their cash dividends.

The Plan offers the reinvestment of dividends into common shares either purchased in the open market or issued from treasury. If shares are issued from treasury, they are priced at 98 percent of the average market price during a specified trading period before the dividend payment date. Shares acquired under the Plan are automatically enrolled for further reinvestment.

Shareholders interested in the Plan who hold their shares through a broker or other nominee must coordinate enrollment through their respective nominee holder. Details of the Plan are available on Timbercreek Financial’s website.

Timbercreek Financial is known for providing structured financing solutions to commercial real estate investors, positioning itself as a service-oriented alternative to traditional Canadian financial institutions. The company focuses on shorter-duration loans and emphasizes thorough underwriting and active management to deliver risk-adjusted returns to investors.

This announcement is based on a press release statement from Timbercreek Financial.

In other recent news, Timber Creek Financial reported a strong performance in its fourth-quarter earnings for 2023. The company saw a notable increase in net investment income, reaching $27.9 million, up from $25.4 million in the previous quarter. Distributable income also rose to $17.7 million or $0.21 per share, marking an improvement from $15 million and $0.18 per share in Q3. Timber Creek’s portfolio value grew by $140 million, ending the year just under $1.1 billion. The company has become a CMHC-approved lender, which enhances its product offerings and positions it well for future growth. Analysts noted the company’s strategic focus on expanding its lending capabilities, particularly in multifamily and industrial sectors. Despite challenges from expected credit loss reserves, Timber Creek remains optimistic about continued strong distributable income and portfolio growth in 2025. The company is also actively managing its Calgary office loan exposures, aiming for resolution within a two-year timeline.

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