Firm Capital Mortgage Investment Corporation announces monthly cash dividends
17 October 2014 - 4:29AM
PR Newswire (Canada)
TORONTO, Oct. 16, 2014 /CNW/ - Firm Capital Mortgage
Investment Corporation ("MIC") (TSX: FC), announces 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
|
October 31,
2014
|
November 17,
2014
|
November 30,
2014
|
December 15,
2014
|
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
SOURCE Firm Capital Mortgage Investment Corporation
Copyright 2014 Canada NewsWire
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