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

Firm Capital Mortgage Investment Co. (TSE:FC) announced a monthly dividend on Friday, May 30th, TickerTech Dividends reports. Investors of record on Monday, June 16th will be paid a dividend of 0.078 per share on Monday, June 16th. This represents a $0.94 dividend on an annualized basis and a yield of 7.63%. The ex-dividend date of this dividend is Friday, May 30th.

Firm Capital Mortgage Investment Trading Up 0.5%

Shares of FC stock opened at C$12.27 on Wednesday. The stock has a 50 day simple moving average of C$11.79 and a 200-day simple moving average of C$11.83. Firm Capital Mortgage Investment has a 12-month low of C$10.35 and a 12-month high of C$12.36. The company has a market cap of C$452.99 million, a price-to-earnings ratio of 12.83 and a beta of 1.04.

About Firm Capital Mortgage Investment

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.