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FC Firm Capital Mortgage Investment Corporation

11.37
0.09 (0.80%)
Last Updated: 14:41:50
Delayed by 15 minutes
Share Name Share Symbol Market Type
Firm Capital Mortgage Investment Corporation TSX:FC Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.09 0.80% 11.37 11.35 11.38 11.37 11.35 11.35 11,683 14:41:50

Firm Capital Mortgage Investment Corporation announces monthly cash dividends

30/05/2013 5:11pm

PR Newswire (Canada)


Firm Capital Mortgage In... (TSX:FC)
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TORONTO, May 30, 2013 /CNW/ - Firm Capital Mortgage Investment Corporation ("MIC") (TSX: FC), announced its monthly cash dividend of $0.078 per share (subject to adjustment in the discretion of the board of directors) payable to shareholders of record as follows:

Record Date 
July 31, 2013  
August 31, 2013 
September 30, 2013 
    Dividend Payable
August 15, 2013 
September 16, 2013
October 15, 2013

The MIC, through its Mortgage Banker, Firm Capital Corporation, is a non-bank lender providing residential and commercial short-term bridge and conventional real estate finance, including construction, mezzanine and equity investments.  The MIC's investment objective is the preservation of Shareholders' Equity, while providing Shareholders with a stable stream of monthly dividends from investments. The MIC achieves its investment objectives by pursuing a strategy of growth through investments in selected niche markets that are under-serviced by large lending institutions. Lending activities to date continue to develop a diversified mortgage portfolio, producing a stable return to Shareholders. For more information, please visit www.firmcapital.com

SOURCE Firm Capital Mortgage Investment Corporation

Copyright 2013 Canada NewsWire

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