Latest news with #TimbercreekFinancial
Yahoo
22-07-2025
- Business
- Yahoo
Timbercreek Financial Declares July 2025 Dividend
Timbercreek Financial TORONTO, July 22, 2025 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX: TF) (the 'Company') is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share ('Common Share') of the Company to be paid on August 15, 2025 to holders of Common Shares of record on July 31, 2025. The Company also offers a Dividend Reinvestment Plan (the 'Plan'), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the 'Average Market Price') for the five trading day period ending on the third business day immediately prior to the dividend payment date (the 'Trading Period'). Common Shares acquired under the Plan will be automatically enrolled in the Plan. Shareholders who hold their Common Shares through a broker, financial institution or other nominee must enroll for distribution reinvestment through their nominee holder. The full text of the Plan can be obtained on the Company's website at About Timbercreek Financial Timbercreek Financial is a leading non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors. Our sophisticated, service-oriented approach allows us to meet the needs of borrowers, including faster execution and more flexible terms that are not typically provided by Canadian financial institutions. By employing thorough underwriting, active management and strong governance, we are able to meet these needs while targeting strong risk-adjusted returns for investors. CONTACT: Timbercreek Financial R. Blair Tamblyn Chief Executive Officer btamblyn@ .
Globe and Mail
22-07-2025
- Business
- Globe and Mail
Timbercreek Financial Declares July 2025 Dividend
TORONTO, July 22, 2025 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX: TF) (the 'Company') is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share ('Common Share') of the Company to be paid on August 15, 2025 to holders of Common Shares of record on July 31, 2025. The Company also offers a Dividend Reinvestment Plan (the 'Plan'), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the 'Average Market Price') for the five trading day period ending on the third business day immediately prior to the dividend payment date (the 'Trading Period'). Common Shares acquired under the Plan will be automatically enrolled in the Plan. Shareholders who hold their Common Shares through a broker, financial institution or other nominee must enroll for distribution reinvestment through their nominee holder. The full text of the Plan can be obtained on the Company's website at About Timbercreek Financial Timbercreek Financial is a leading non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors. Our sophisticated, service-oriented approach allows us to meet the needs of borrowers, including faster execution and more flexible terms that are not typically provided by Canadian financial institutions. By employing thorough underwriting, active management and strong governance, we are able to meet these needs while targeting strong risk-adjusted returns for investors.
Yahoo
15-07-2025
- Business
- Yahoo
The 8.97% Monthly Dividend That Beats Every GIC Rate
Written by Puja Tayal at The Motley Fool Canada The Bank of Canada has been slashing interest rates at a lightning speed, from 5% in April 2024 to 2.75% in April 2025. No more rate cuts are likely in the short term unless unemployment increases. Lower interest rates will slowly seep into the economy and reduce Guaranteed Investment Certificate (GIC) rates. The highest GIC rate you can get right now is 4% for a two-year tenure. When interest rates were rising, GIC was an attractive investment. However, it is time to switch to alternatives that can beat every GIC rate, and dividend stocks are a good option. A bank uses GIC to give loans to individuals and corporations with high credit scores. Timbercreek Financial (TSX:TF) uses the lending business model to give short-term mortgages to income-generating real estate investment trusts (REITs). The lender gives $0.69 in dividends per share per year from its distributable income. This distributable income is the cash flow left after deducting the effect of amortization, accretion, unrealized fair-value adjustments, expected credit loss, and unrealized gain or loss from total net income and comprehensive income. Timbercreek paid 92.8% of the distributable income in the first quarter. While the payout ratio has increased, it is sustainable as lending activity increases. Timbercreek Financial enjoyed high interest income in 2023 when interest rates were at 5%. However, such high borrowing costs slowed lending activity and pushed a few loans to Stage 3 recovery. Many REITs repaid loans and paused new developments until borrowing became affordable. The lender expected an uptick in new loans as interest rate cuts began in 2024, but it took a while as REITs waited for further rate cuts. If you invest $10,000 in a two-year GIC offering 4% interest compounding quarterly, you will get $10,828.57 on maturity. If you invest the same amount in Timbercreek Financial, you can buy 1,299 shares, which will pay a monthly dividend of $74.69. That converts to $896.31 per year and $1,792.62 over two years. Timbercreek Financial can pay you $964.05 more than GIC. The lender also gives you a dividend-reinvestment plan (DRIP) in which it will automatically buy more units of Timbercreek and compound your returns. However, this premium comes with a higher risk. Unlike GIC, where deposits up to $100,000 are insured by the Canada Deposit Insurance Corporation (CDIC), the $10,000 invested in Timbercreek Financial is subject to share price volatility. Timbercreek Financial has been paying regular monthly dividends for the last nine years and is showing no signs of warning of any dividend cuts. In the worst-case scenario, Timbercreek Financial may see a larger number of loans going into Stage 3 and may slash dividends by 30 or 40% to $0.4414. That will reduce the dividend yield to 5.37%, still above the GIC interest rate. The bigger risk could be a 20% decline in share price. If invested with caution, Timbercreek can be considered an alternative to a two-year GIC to earn higher income. You could diversify investments across GIC, Timbercreek Financial, and other stocks according to your risk appetite. The end objective of portfolio diversification is to mitigate risk and enhance returns. The post The 8.97% Monthly Dividend That Beats Every GIC Rate appeared first on The Motley Fool Canada. Before you put a single dollar into the stock market, we think you'll want to hear this. Our S&P/TSX market beating* Stock Advisor Canada team just released their Top Stocks for 2025 and Beyond that we believe could supercharge any portfolio. Want to see what made our list? Get started with Stock Advisor Canada today to receive all of our Top Stocks, a fully stocked treasure trove of industry reports, two brand-new stock recommendations every month, and much more. See the Top Stocks * Returns as of 6/23/25 More reading 10 Stocks Every Canadian Should Own in 2025 [PREMIUM PICKS] Market Volatility Toolkit A Commonsense Cash Back Credit Card We Love Fool contributor Puja Tayal has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-06-2025
- Business
- Yahoo
Timbercreek Financial Declares June 2025 Dividend
TORONTO, June 23, 2025 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX: TF) (the 'Company') is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share ('Common Share') of the Company to be paid on July 15, 2025 to holders of Common Shares of record on June 30, 2025. The Company also offers a Dividend Reinvestment Plan (the 'Plan'), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the 'Average Market Price') for the five trading day period ending on the third business day immediately prior to the dividend payment date (the 'Trading Period'). Common Shares acquired under the Plan will be automatically enrolled in the Plan. Shareholders who hold their Common Shares through a broker, financial institution or other nominee must enroll for distribution reinvestment through their nominee holder. The full text of the Plan can be obtained on the Company's website at About Timbercreek Financial Timbercreek Financial is a leading non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors. Our sophisticated, service-oriented approach allows us to meet the needs of borrowers, including faster execution and more flexible terms that are not typically provided by Canadian financial institutions. By employing thorough underwriting, active management and strong governance, we are able to meet these needs while targeting strong risk-adjusted returns for investors. CONTACT:Timbercreek FinancialR. Blair TamblynChief Executive Officerbtamblyn@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-05-2025
- Business
- Yahoo
TSX Value Stocks Trading Below Estimated Intrinsic Worth In May 2025
As Canadian investors navigate a landscape marked by potential changes in U.S. tax policy and rising bond yields, the focus on value investing becomes increasingly pertinent. In this environment, identifying stocks trading below their intrinsic worth can offer opportunities for those seeking to optimize their portfolios amidst evolving economic conditions. Name Current Price Fair Value (Est) Discount (Est) Whitecap Resources (TSX:WCP) CA$8.73 CA$14.06 37.9% Docebo (TSX:DCBO) CA$36.04 CA$58.01 37.9% Groupe Dynamite (TSX:GRGD) CA$15.20 CA$27.75 45.2% Aris Mining (TSX:ARIS) CA$8.74 CA$13.08 33.2% VersaBank (TSX:VBNK) CA$16.00 CA$29.98 46.6% Lithium Royalty (TSX:LIRC) CA$5.50 CA$8.45 34.9% TerraVest Industries (TSX:TVK) CA$161.99 CA$297.31 45.5% Timbercreek Financial (TSX:TF) CA$7.28 CA$10.82 32.7% Journey Energy (TSX:JOY) CA$1.59 CA$2.84 44% Laurentian Bank of Canada (TSX:LB) CA$28.17 CA$41.40 32% Click here to see the full list of 21 stocks from our Undervalued TSX Stocks Based On Cash Flows screener. Let's dive into some prime choices out of the screener. Overview: NanoXplore Inc. is a graphene company that manufactures and supplies graphene powder for industrial markets in Australia, with a market cap of CA$394.11 million. Operations: The company's revenue is derived from two main segments: Battery Cells and Materials, contributing CA$0.57 million, and Advanced Materials, Plastics and Composite Products, generating CA$134.79 million. Estimated Discount To Fair Value: 10.5% NanoXplore is trading at CA$2.31, below its estimated fair value of CA$2.58, suggesting it may be undervalued based on cash flows. Despite a decline in recent quarterly sales to CA$29.24 million from CA$33.62 million last year, the company has improved its net loss position and forecasts revenue growth of 21.4% annually, outpacing the Canadian market average of 3.4%. A share buyback program further signals management's confidence in future prospects. The analysis detailed in our NanoXplore growth report hints at robust future financial performance. Delve into the full analysis health report here for a deeper understanding of NanoXplore. Overview: Timbercreek Financial Corp. offers shorter-duration structured financing solutions to commercial real estate investors in Canada, with a market cap of CA$602.44 million. Operations: The company's revenue segment primarily consists of financial services through mortgage solutions, generating CA$72.43 million. Estimated Discount To Fair Value: 32.7% Timbercreek Financial, trading at CA$7.28, is undervalued with a fair value estimate of CA$10.82. Earnings are projected to grow 12.7% annually, surpassing the Canadian market's 11.6%. However, recent quarterly sales declined to CA$3.16 million from CA$4.35 million last year, though net income slightly rose to CA$14.77 million from CA$14.37 million a year ago, highlighting potential cash flow concerns despite future growth prospects and consistent dividend declarations of CAD 0.0575 per share monthly. The growth report we've compiled suggests that Timbercreek Financial's future prospects could be on the up. Navigate through the intricacies of Timbercreek Financial with our comprehensive financial health report here. Overview: Vitalhub Corp. offers technology and software solutions for health and human service providers across various regions including Canada, the United States, the United Kingdom, Australia, and Western Asia, with a market cap of CA$566.78 million. Operations: The company generates revenue primarily from its Healthcare Software segment, totaling CA$75.01 million. Estimated Discount To Fair Value: 26.5% Vitalhub, trading at CA$10.16, is undervalued with a fair value estimate of CA$13.83. Earnings are expected to grow 55.4% annually, outpacing the Canadian market's growth rate of 11.6%. Despite lower profit margins this year (3.8% versus last year's 10.3%), revenue increased to CA$21.67 million from CA$15.26 million in Q1 2025 compared to the previous year, suggesting potential for cash flow improvement amid significant earnings growth projections. Our expertly prepared growth report on Vitalhub implies its future financial outlook may be stronger than recent results. Click here to discover the nuances of Vitalhub with our detailed financial health report. Embark on your investment journey to our 21 Undervalued TSX Stocks Based On Cash Flows selection here. Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include TSX:GRA TSX:TF and TSX:VHI. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
