Middlefield Real Estate ETF Dividends

    TORONTO, April 14, 2022 (GLOBE NEWSWIRE) – The Middlefield Real Estate Dividend ETF (TSX: MREL) (the “Fund”) is pleased to announce that dividends for the second quarter of 2022 will be payable to unit holders of the Middlefield Real Estate Dividend ETF as follows :

    date of registration Payment Date Distribution per unit of trust
    April 30, 2022 May 13, 2022 $0.075
    May 31, 2022 June 15 2022 $0.075
    June 30, 2022 15 July 2022 $0.075

    The units of the trust are traded on the Toronto Stock Exchange under the symbol MREL.

    The Fund offers a Distribution Reinvestment Plan (“DRIP”) to unit holders that provides unit holders the ability to automatically reinvest distributions, without commission, and realize the benefits of compound growth. Unitholders can enroll in the DRIP program by contacting their investment advisor.

    Middlefield Group

    Founded in 1979, Middlefield Corporation creates and manages specialized investment products for individual and institutional investors and has approximately $4 billion in assets under management. Investment products include exchange-traded funds, mutual funds, closed-end funds, private and public resource funds, real estate funds, and venture capital funds.

    For more information, please visit our website at www.middlefield.com Or contact Nancy Tham in our Sales and Marketing department at 1.888.890.1868.

    This press release contains forward-looking information. The forward-looking information contained in this press release is based on historical information regarding the dividends and dividends paid on the securities of issuers historically included in the fund’s portfolio. Actual future results, including the amount of distributions paid by the fund, may differ from the monthly distribution amount. Specifically, the income from which distributions are paid may vary significantly due to: changes in the composition of the portfolio; Changes in the distributions and dividends paid by issuers of securities included in the fund’s portfolio from time to time; There is no guarantee that these issuers will pay a dividend or dividend on their securities; The announcement of dividends and profits by issuers of securities included in the portfolio generally depends on various factors, including the financial position of each issuer, general economic conditions and stock market conditions; The level of borrowing by the fund. The uncertainty of capital gains. The risks, uncertainties and other factors that could affect actual results are described under the heading “Risk Factors” in the Fund’s prospectus and other documents the Fund submits to the Canadian Securities Regulatory Authorities. The forward-looking information contained in this press release constitutes the Fund’s current judgment, as of the date of this press release, regarding the matters covered by this release. Investors and others should not assume that any forward-looking statement contained in this press release represents the Fund’s discretion on any date other than the date of this press release.