SOURCE: Timbercreek Financial Corporation

Timbercreek Financial Corporation

July 15, 2016 16:30 ET

Timbercreek Financial Corporation Declares July 2016 Dividend

TORONTO, ON--(Marketwired - July 15, 2016) - Timbercreek Financial Corporation (TSX: TF) (the "Company") is pleased to announce that its board of directors (the "Board") has declared a monthly cash dividend of $0.057 per common share ("Common Share") of the Company to be paid on August 15, 2016 to holders of Common Shares of record on July 29, 2016.

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 Asset Management 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 http://www.timbercreekfinancial.com/investor-relations/dividend-reinvestment-plan

About the Company
Timbercreek Financial is a leading non-bank, commercial real estate lender providing shorter-duration, customized financing solutions to professional 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.­

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