Findev Inc. Declares Upcoming Dividends

Findev Inc., a company focusing on real estate finance, has announced dividend declarations as of November 14, 2024. The company outlined that a dividend of $0.0075 per share will be paid on January 16, 2025, with an ex-dividend date of December 19, 2024, and a record date of December 20, 2024. Another dividend of the same amount is slated for April 17, 2025, with corresponding ex-dividend and record dates of March 27, 2025, and March 28, 2025, respectively. This action contributes to the cumulative capital returned to shareholders, reaching $7,305,099, by April 2025.

The dividends are marked as eligible under the Income Tax Act of Canada. The Board of Directors maintains that future dividend decisions will consider shareholder interests and comply with applicable laws. Findev’s unique expertise in real estate finance reinforces its role in providing secured loans for development projects in the Greater Toronto Area.