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

Firm Capital Mortgage Investment Co. (TSE:FC) announced a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Shareholders of record on Monday, August 17th will be paid a dividend of 0.078 per share on Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date is Friday, July 31st.

Firm Capital Mortgage Investment Price Performance

Firm Capital Mortgage Investment stock opened at C$12.12 on Wednesday. The stock has a market cap of C$445.28 million, a P/E ratio of 12.35 and a beta of 0.64. The company has a fifty day simple moving average of C$12.05 and a 200-day simple moving average of C$12.06. Firm Capital Mortgage Investment has a 12-month low of C$11.51 and a 12-month high of C$12.47. The company has a current ratio of 1.03, a quick ratio of 17.11 and a debt-to-equity ratio of 30.25.

Firm Capital Mortgage Investment (TSE:FC) last issued its earnings results on Tuesday, May 5th. The company reported C$0.23 EPS for the quarter. The firm had revenue of C$13.72 million during the quarter. Firm Capital Mortgage Investment had a net margin of 56.81% and a return on equity of 8.48%. Equities analysts expect that Firm Capital Mortgage Investment will post 1.0697674 EPS for the current fiscal year.

About Firm Capital Mortgage Investment

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.