Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending June 30, 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 June 30, 2026. The dividend is payable on July 31, 2026 to shareholders of record at the close of business on July 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 Q2 2026, Mainstreet’s assets were valued at over CDN $3.8 billion based on IFRS value.
