Timbercreek Financial Corp. Plans Sep 25 Dividend of $0.06 (TSE:TF)

Key Points

• Timbercreek Financial Corp. has announced a dividend of $0.0575 per share, with stockholders of record set for September 29th and payment scheduled for October 15th.
• As of Wednesday, its stock price is C$7.63, down 0.3%, with a market cap of C$631.41 million and a PE ratio of 14.40.
• The company specializes in providing shorter-duration structured financing solutions for commercial real estate properties in Canada.

Timbercreek Financial Corp. (TSE:TF - Get Free Report) announced a sep 25 dividend on Tuesday, September 23rd, RTT News reports. Stockholders of record on Monday, September 29th will be given a dividend of 0.0575 per share on Wednesday, October 15th.

Timbercreek Financial Stock Down 0.3%

Shares of TSE TF opened at C$7.63 on Wednesday. The business has a 50-day moving average price of C$7.69 and a 200 day moving average price of C$7.27. The stock has a market cap of C$631.41 million, a PE ratio of 14.40 and a beta of 1.14. The company has a quick ratio of 145.00, a current ratio of 1.53 and a debt-to-equity ratio of 122.88. Timbercreek Financial has a 52-week low of C$5.91 and a 52-week high of C$8.29.

Timbercreek Financial Company Profile

Timbercreek Financial Corp. provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing real estate properties, such as multi-residential, office, and retail buildings in urban markets. The company was founded in 2016 and is headquartered in Toronto, Canada.

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