Urbana Corporation announced that its Board of Directors has declared a dividend of eleven cents ($0.11) per share, on the issued and outstanding Common and non-voting Class A shares of Urbana. The 2023 Dividend represents a 10% increase from the dividend the Corporation paid in 2022, which was $0.10 per share. The dividend is payable on the 31st day of January, 2023 to the Shareholders of record at the close of business on the 17th day of January, 2023.

The ex-dividend date is the 16th day of January, 2023.