Madison Pacific Properties Q2 2026 Results
Analysis based on 6 articles · First reported Aug 13, 2026 · Last updated Aug 13, 2026
The earnings release is routine and unlikely to significantly move the stock. The decline in net income and modest dividend may be viewed neutrally by investors.
Madison Pacific Properties Inc., a Vancouver-based real estate company, announced its financial results for the six months ended June 30, 2026. The company reported net income of $16.0 million, down from $22.4 million in the same period of 2025, primarily due to a lower net gain on fair value adjustment of investment properties ($5.8 million vs $21.9 million). Cash flows from operating activities before changes in non-cash operating balances were $6.1 million, and income per share was $0.26. The company also declared a dividend of $0.0525 per share on its Class B and Class C shares, payable September 3, 2026. As of June 30, 2026, the company owned approximately $791 million in investment properties, with a portfolio of 54 industrial and commercial properties and a 50% interest in ten multi-family rental properties. Occupancy rates were high at 98.34% for industrial/commercial and 97.51% for residential. The company also holds a 50% interest in Silverdale Hills Limited Partnership, which owns development lands in Mission, British Columbia.
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