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

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 given a dividend of 0.078 per share on Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Friday, July 31st.

Firm Capital Mortgage Investment Stock Down 0.2%

Shares of Firm Capital Mortgage Investment stock opened at C$12.12 on Wednesday. Firm Capital Mortgage Investment has a 52-week low of C$11.51 and a 52-week high of C$12.47. The firm’s 50 day moving average price is C$12.05 and its 200-day moving average price is C$12.06. The company has a quick ratio of 17.11, a current ratio of 1.03 and a debt-to-equity ratio of 30.25. The company has a market cap of C$445.28 million, a P/E ratio of 12.35 and a beta of 0.64.

Firm Capital Mortgage Investment (TSE:FC) last released its quarterly earnings results on Tuesday, May 5th. The company reported C$0.23 earnings per share (EPS) for the quarter. The business had revenue of C$13.72 million for the quarter. Firm Capital Mortgage Investment had a net margin of 56.81% and a return on equity of 8.48%. On average, sell-side analysts predict 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.