Firm Capital Mortgage Investment Corporation announces monthly cash dividends
16 May 2012 - 2:55AM
PR Newswire (Canada)
TORONTO, May 17, 2012 /CNW/ - Firm Capital Mortgage Investment
Corporation ( MIC") , announced its monthly cash dividend of $0.078
per share (subject to adjustment in the discretion of the board of
directors) payable to shareholders of record as follows: Record
Date Dividend Payable May 31, 2012 June 15, 2012 June 30, 2012 July
16, 2012 July 31, 2012 August 15, 2012 The MIC, through its
Mortgage Banker, Firm Capital Corporation, is a non-bank lender
providing residential and commercial short-term bridge and
conventional real estate finance, including construction, mezzanine
and equity investments. The MIC's investment objective is the
preservation of Shareholders' Equity, while providing Shareholders
with a stable stream of monthly dividends from investments. The MIC
achieves its investment objectives by pursuing a strategy of growth
through investments in selected niche markets that are
under-serviced by large lending institutions. Lending activities to
date continue to develop a diversified mortgage portfolio,
producing a stable return to Shareholders. For more information,
please visit www.firmcapital.com Firm Capital Mortgage Investment
Corporation CONTACT: Eli DadouchPresident & Chief Executive
Officer(416) 635-0221www.firmcapital.com
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