Firm Cap Mortgage Invest ( (TSE:FC) ) has provided an announcement.
Firm Capital Mortgage Investment Corporation announced a monthly cash dividend of $0.078 per share for shareholders, with specific payment dates in May, June, and July 2025. The company also offers a Dividend Reinvestment Plan (DRIP) and Share Purchase Plan, allowing shareholders to reinvest dividends and purchase additional shares without commission, thus enhancing shareholder value and engagement.
Spark’s Take on TSE:FC Stock
According to Spark, TipRanks’ AI Analyst, TSE:FC is a Neutral.
Firm Cap Mortgage Invest is supported by strong financial performance and attractive valuation, despite cash flow challenges. The positive corporate events further bolster the stock’s appeal, but technical analysis shows some short-term caution.
To see Spark’s full report on TSE:FC stock, click here.
More about Firm Cap Mortgage Invest
Firm Capital Mortgage Investment Corporation is a non-bank lender specializing in residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments. The company focuses on niche markets underserved by large lending institutions, aiming to preserve shareholders’ equity while providing stable monthly dividends. As a Mortgage Investment Corporation (MIC) under Canadian law, it is not taxed on income if dividends are paid to shareholders within 90 days after year-end.
YTD Price Performance: -4.44%
Average Trading Volume: 58,692
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$425M
Find detailed analytics on FC stock on TipRanks’ Stock Analysis page.