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Firm Cap Mortgage Invest ( (TSE:FC) ) has provided an update.
Firm Capital Mortgage Investment Corporation has announced a special year-end dividend of $0.056 per common share, in addition to the regular December dividend, totaling $0.134 per common share payable on January 15, 2025. This reflects a slight increase in total dividends paid in 2024 compared to the previous year, indicating a successful year in exceeding their regular dividend income. The announcement also includes scheduled monthly dividends for the early months of 2025, underscoring the corporation’s commitment to providing consistent returns to its shareholders.
More about Firm Cap Mortgage Invest
Firm Capital Mortgage Investment Corporation is a non-bank lender focused on providing residential and commercial short-term bridge and conventional real estate financing. Their services include construction, mezzanine, and equity investments, targeting niche markets underserved by large lending institutions. The corporation aims to preserve shareholder equity while offering a stable stream of monthly dividends.
YTD Price Performance: -0.33%
Average Trading Volume: 71,247
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$439.3M
See more insights into FC stock on TipRanks’ Stock Analysis page.
