Mr. Bob Dhillon reports
MAINSTREET EQUITY CORP. ANNOUNCES QUARTERLY DIVIDEND FOR PERIOD ENDING SEPTEMBER 30, 2026
The board of directors of Mainstreet Equity Corp. has declared a quarterly cash dividend of eight cents per common share of Mainstreet for the quarter ending Sept. 30, 2026. The dividend is payable on Oct. 30, 2026, to shareholders of record at the close of business on Oct. 17, 2026.
Mainstreet designates the entire amount of this taxable dividend to be an eligible dividend for purposes of the Income Tax Act (Canada). This notice meets the requirements of the Income Tax Act (Canada). Shareholders are encouraged to consult their tax advisors regarding the designation of the eligible dividend.
About Mainstreet Equity Corp.
Mainstreet is a Calgary-based real estate operating company, traded on the Toronto Stock Exchange (symbol MEQ). Mainstreet is a top provider of high-quality, affordable multifamily rental units in Western Canada, covering British Columbia, Alberta, Saskatchewan and Manitoba, with year-to-date holdings of approximately 19,500 units. The company's long-term value is anchored by a counter-cyclical strategy to aggressively acquire undervalued units at distressed prices, using low-cost capital. Once acquired, Mainstreet rapidly stabilizes the assets to minimize cycle times and boost net operating income. The company employs a 100-per-cent-organic, non-dilutive growth model, leveraging its robust liquidity position. As at Q3 (third quarter) 2026, Mainstreet's assets were valued at over $3.9-billion based on IFRS (international financial reporting standards) value.
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