The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from CNW Group

Firm Capital Mortgage Investment Corporation announces monthly cash dividends

Thursday, May 30, 2013

Firm Capital Mortgage Investment Corporation announces monthly cash dividends

12:11 EDT Thursday, May 30, 2013

TORONTO, May 30, 2013 /CNW/ - Firm Capital Mortgage Investment Corporation ("MIC") (TSX: FC), 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 
July 31, 2013  
August 31, 2013 
September 30, 2013 
    Dividend Payable
August 15, 2013 
September 16, 2013
October 15, 2013

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

For further information:

Eli Dadouch
President & Chief Executive Officer
(416) 635-0221
www.firmcapital.com

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections