TORONTO (GLOBE NEWSWIRE), Dec. 19, 2022 -- Timbercreek Financial (TSX : TF) is happy to announce that it has declared $0.0575 per Common Share ('Common Share'). This monthly cash dividend will be paid to Common Share holders who were recorded on December 30, 2022. Common Shares may be purchased in the open market at current prices, or from treasury at 98% of the average market price (the "Average Market Price") for the five trading days ending on the third day prior to the dividend payment (the "Trading Period") pursuant to the Plan. Common Shares purchased under the Plan will automatically be enrolled in this Plan. The complete text of the Plan is available on the Company's Website at:URL. Timbercreek Financial Timbercreek Financial, a leading nonbank commercial realty lender, provides structured financing solutions for commercial realty investors with shorter durations. We are able to provide borrowers with a sophisticated and service-oriented approach that allows us to respond quickly to their needs. This includes faster execution and flexible terms that aren't typically offered by Canadian financial institutions. We are able meet these needs by utilizing strong governance, active management, and thorough underwriting.
CONTACT:Timbercreek FinancialBlair TamblynChief Executive __EMAIL__ww.timbercreekfinancial.com