Timbercreek Financial Corp., a mortgage investment company, provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing commercial real estate properties, such as multi-residential, office, and retail buildings located in urban markets. The company was founded in 2016 and is headquartered in Toronto, Canada.
Timbercreek Financial Dividend Announcement
• Timbercreek Financial announced a monthly dividend of $0.06 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-10-31
• Timbercreek Financial annual dividend for 2024 was $0.58
• Timbercreek Financial annual dividend for 2023 was $0.69
• Timbercreek Financial's trailing twelve-month (TTM) dividend yield is 9.04%
• Timbercreek Financial's payout ratio for the trailing twelve months (TTM) is 95.50%
Timbercreek Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-31 | $0.06 | monthly | 2024-11-15 |
2024-09-27 | $0.06 | monthly | 2024-10-15 |
2024-08-30 | $0.06 | monthly | 2024-09-13 |
2024-07-31 | $0.06 | monthly | 2024-08-15 |
2024-06-28 | $0.06 | monthly | 2024-07-15 |
2024-05-31 | $0.06 | monthly | 2024-06-14 |
2024-04-29 | $0.06 | monthly | 2024-05-15 |
2024-03-27 | $0.06 | monthly | |
2024-03-04 | $0.06 | monthly | |
2024-01-30 | $0.06 | monthly | 2024-02-15 |
2023-12-28 | $0.06 | monthly | 2024-01-15 |
2023-11-29 | $0.06 | monthly | 2023-12-15 |
2023-10-30 | $0.06 | monthly | 2023-11-15 |
2023-09-28 | $0.06 | monthly | 2023-10-13 |
2023-08-30 | $0.06 | monthly | 2023-09-15 |
2023-07-28 | $0.06 | monthly | 2023-08-15 |
2023-06-29 | $0.06 | monthly | 2023-07-14 |
2023-05-30 | $0.06 | monthly | 2023-06-15 |
2023-04-27 | $0.06 | monthly | 2023-05-15 |
2023-03-30 | $0.06 | monthly | 2023-04-14 |
2023-02-27 | $0.06 | monthly | 2023-03-15 |
2023-01-30 | $0.06 | monthly | 2023-02-15 |
2022-12-29 | $0.06 | monthly | 2023-01-13 |
2022-11-29 | $0.06 | monthly | 2022-12-15 |
2022-10-28 | $0.06 | monthly | 2022-11-15 |
2022-09-29 | $0.06 | monthly | 2022-10-14 |
2022-08-30 | $0.06 | monthly | 2022-09-15 |
2022-07-28 | $0.06 | monthly | 2022-08-15 |
2022-06-29 | $0.06 | monthly | 2022-07-15 |
2022-05-27 | $0.06 | monthly | 2022-06-15 |
2022-04-28 | $0.06 | monthly | 2022-05-13 |
2022-03-30 | $0.06 | monthly | 2022-04-14 |
2022-02-25 | $0.06 | monthly | 2022-03-15 |
2022-01-28 | $0.06 | monthly | 2022-02-15 |
2021-12-30 | $0.06 | monthly | 2022-01-14 |
2021-11-29 | $0.06 | monthly | 2021-12-15 |
2021-10-28 | $0.06 | monthly | 2021-11-15 |
2021-09-29 | $0.06 | monthly | 2021-10-15 |
2021-08-30 | $0.06 | monthly | 2021-09-15 |
2021-07-29 | $0.06 | monthly | 2021-08-13 |
2021-06-29 | $0.06 | monthly | 2021-07-15 |
2021-05-28 | $0.06 | monthly | 2021-06-15 |
2021-04-29 | $0.06 | monthly | 2021-05-14 |
2021-03-30 | $0.06 | monthly | 2021-04-15 |
2021-02-25 | $0.06 | monthly | 2021-03-15 |
2021-01-28 | $0.06 | monthly | 2021-02-15 |
2020-12-30 | $0.06 | monthly | 2021-01-15 |
2020-11-27 | $0.06 | monthly | 2020-12-15 |
2020-10-29 | $0.06 | monthly | 2020-11-13 |
2020-09-29 | $0.06 | monthly | 2020-10-15 |
2020-08-28 | $0.06 | monthly | 2020-09-15 |
2020-07-30 | $0.06 | monthly | 2020-08-14 |
2020-06-29 | $0.06 | monthly | 2020-07-15 |
2020-05-28 | $0.06 | monthly | 2020-06-15 |
Timbercreek Financial Dividend per year
Timbercreek Financial Dividend growth
Timbercreek Financial Dividend Yield
Timbercreek Financial current trailing twelve-month (TTM) dividend yield is 9.04%. Interested in purchasing Timbercreek Financial stock? Use our calculator to estimate your expected dividend yield:
Timbercreek Financial Financial Ratios
Timbercreek Financial Dividend FAQ
Other factors to consider when evaluating Timbercreek Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Timbercreek Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Timbercreek Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Timbercreek Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Timbercreek Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Timbercreek Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Timbercreek Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Timbercreek Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Timbercreek Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Timbercreek Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Timbercreek Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.