05:14 PM EDT, 09/23/2024 (MT Newswires) -- Urbanfund (UFC.V) said Monday its Board of Directors declared a dividend of $0.0125 per common and Series A shares and first preferred share for the three-month period ended Sept. 30..

This represents a $0.05 per share on an annualized basis.

The dividend is payable Oct. 15 to the shareholders of record on Sept. 30.

Urbanfund is a Toronto-based real estate development and operating company, with assets located in Toronto, Belleville, Kitchener, London, and Brampton Ontario and in Montreal and Quebec City, Quebec and Dartmouth, Nova Scotia.