Firm Capital Mortgage Investment Corp (FC) To Go Ex-Dividend on November 28th

Firm Capital Mortgage Investment Corp (TSE:FC) announced a monthly dividend on Thursday, November 28th, TickerTech reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.078 per share on Monday, December 16th. This represents a $0.94 annualized dividend and a dividend yield of 6.44%. The ex-dividend date of this dividend is Thursday, November 28th.

Shares of TSE FC traded down C$0.01 during midday trading on Tuesday, hitting C$14.54. 400 shares of the stock traded hands, compared to its average volume of 26,571. The company has a market cap of $406.46 million and a PE ratio of 14.87. Firm Capital Mortgage Investment has a one year low of C$12.69 and a one year high of C$14.68. The business has a 50 day moving average price of C$14.23 and a two-hundred day moving average price of C$13.83. The company has a debt-to-equity ratio of 56.12, a quick ratio of 12.44 and a current ratio of 12.45.

Separately, TD Securities upped their price target on Firm Capital Mortgage Investment from C$13.50 to C$14.00 and gave the stock a “hold” rating in a report on Wednesday, August 14th.

About Firm Capital Mortgage Investment

Firm Capital Mortgage Investment Corporation, through its mortgage banker Firm Capital Corporation, provides residential and commercial real estate finance in Canada. It engages in originating, funding, purchasing, and servicing mortgage investments. The company offers mortgage services, such as real estate financing, real estate investment financing, capital market services, and loan servicing and advisory services; lending programs, including construction and development lending, investment property financing, short term lending, bridge finance, mezzanine and equity investments, capital market facilities, residential and non-conventional house lending, and condominium capital improvement loans, as well as special situations loans; and various types of lending facilities to mortgage brokers.

Read More: Intrinsic Value and Stock Selection

Dividend History for Firm Capital Mortgage Investment (TSE:FC)

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