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Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending March 31, 2026

Mainstreet Equity Corp. (TSX: MEQ) today announces that the Board of Directors of Mainstreet Equi...

articleMainstreet Equity Corp.April 10, 20264/news/mainstreet-equity-corp-announces-quarterly-dividend-for-period-ending-march-31-2026
Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending March 31, 2026

About this update from Mainstreet Equity Corp.

Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending March 31, 2026 Mainstreet Equity Corp. (TSX: MEQ) today announces that the Board of Directors of Mainstreet Equity Corp. (Mainstreet) declared a quarterly cash dividend of $0.08 per Common Share of Mainstreet for the quarter ending March 31, 2026. The dividend is payable on April 30, 2026 to shareholders of record at the close of business on April 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 Equity Corp. (“Mainstreet”) is a Calgary-based real estate operating company, traded on the Toronto Stock Exchange (TSX: MEQ). Mainstreet is a top provider of high-quality, affordable multi-family rental units in western Canada, covering BC, AB, SK, and MB, with year-to-date holdings of approximately 19,300 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% organic, non-dilutive growth model, leveraging its robust liquidity position. As at Q1 2026, Mainstreet’s assets were valued at over CDN $3.8 billion based on IFRS value. Caution Regarding Forward-Looking Information This press release contains certain forward-looking statements, including, but not limited to, statements relating to the payment of the dividend, and can generally be identified by the use of words such as “may”, “will”, “could”, “should”, “would”, “likely”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “plan”, “objective” and “continue” and words and expressions of similar import. Although Mainstreet believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and un...

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