Timbercreek Financial Corp. (TSE:TF – Get Free Report) declared a monthly dividend on Tuesday, April 23rd, Zacks reports. Shareholders of record on Tuesday, April 30th will be paid a dividend of 0.058 per share on Wednesday, May 15th. This represents a $0.70 annualized dividend and a yield of 9.27%. The ex-dividend date is Monday, April 29th.
Timbercreek Financial Stock Performance
Shares of Timbercreek Financial stock traded down C$0.07 during midday trading on Thursday, hitting C$7.51. The company had a trading volume of 32,369 shares, compared to its average volume of 110,978. The stock has a market cap of C$623.41 million, a price-to-earnings ratio of 9.72 and a beta of 1.24. The company has a quick ratio of 145.00, a current ratio of 7.72 and a debt-to-equity ratio of 142.94. The company has a fifty day simple moving average of C$7.58 and a 200 day simple moving average of C$7.00. Timbercreek Financial has a 12-month low of C$5.74 and a 12-month high of C$8.07.
Timbercreek Financial (TSE:TF – Get Free Report) last announced its quarterly earnings data on Monday, February 26th. The company reported C$0.18 EPS for the quarter, missing the consensus estimate of C$0.19 by C($0.01). Timbercreek Financial had a net margin of 75.87% and a return on equity of 9.49%. The company had revenue of C$29.72 million during the quarter, compared to analysts’ expectations of C$29.49 million. As a group, analysts predict that Timbercreek Financial will post 0.7256214 earnings per share for the current fiscal year.
Analyst Ratings Changes
View Our Latest Analysis on TF
About Timbercreek Financial
Timbercreek Financial Corp. provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing real estate properties, such as multi-residential, office, and retail buildings in urban markets. The company was founded in 2016 and is headquartered in Toronto, Canada.
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