Urbana Corporation announced that its Board of Directors has declared a dividend of twelve cents ($0.12) per share (the ?2024 Dividend?), on the issued and outstanding Common and non-voting Class A shares of Urbana. The 2024 Dividend represents a 9% increase from the dividend the Corporation paid in 2023, which was $0.11 per share. The dividend is payable on the 31st day of January, 2024 to the Shareholders of record at the close of business on the 17th day of January, 2024.

The ex-dividend date is the 16th day of January, 2024.