Firm Capital Mortgage Investment Co. (TSE:FC) Plans $0.08 Monthly Dividend

Key Points

• Monthly dividend: Firm Capital announced a C$0.078 monthly dividend (≈C$0.08) with an annualized yield of 7.6%; shareholders of record and payment dates are both May 15 and the ex-dividend date is April 30.
• Recent financials and valuation: The company has a market cap of C$449.7M, a P/E of 12.06, reported C$0.24 EPS and C$17.05M revenue for the quarter, with a net margin of 54.96% and ROE of 8.81%.

Firm Capital Mortgage Investment Co. (TSE:FC - Get Free Report) announced a monthly dividend on Thursday, April 30th, TickerTech Dividends reports. Shareholders of record on Friday, May 15th will be given a dividend of 0.078 per share on Friday, May 15th. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend is Thursday, April 30th.

Firm Capital Mortgage Investment Price Performance

Firm Capital Mortgage Investment stock opened at C$12.24 on Tuesday. The firm has a market cap of C$449.67 million, a PE ratio of 12.06 and a beta of 0.59. Firm Capital Mortgage Investment has a 52-week low of C$11.51 and a 52-week high of C$12.49. The company has a quick ratio of 17.11, a current ratio of 0.83 and a debt-to-equity ratio of 37.84. The company's 50 day moving average is C$12.04 and its two-hundred day moving average is C$11.94.

Firm Capital Mortgage Investment (TSE:FC - Get Free Report) last released its earnings results on Thursday, March 12th. The company reported C$0.24 earnings per share (EPS) for the quarter. The company had revenue of C$17.05 million for the quarter. Firm Capital Mortgage Investment had a net margin of 54.96% and a return on equity of 8.81%. On average, research analysts expect that Firm Capital Mortgage Investment will post 1.0697674 EPS for the current fiscal year.

Firm Capital Mortgage Investment Company Profile

Firm Capital Mortgage Investment Corp is a Canadian financial provider. It acts as a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments. The company provides construction, equity and conventional real estate finance for include residential houses, small multi-family residential properties, mixed-use residential and others to the builder, developer, and real estate owner marketplace along with a high level of personal service to real estate investors.

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