Firm Capital Mortgage Investment Corporation Announces Monthly Cash Dividends
May 18 2011 - 11:13AM
Marketwired Canada
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 Dividend Payable
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May 31, 2011 June 15, 2011
June 30, 2011 July 15, 2011
July 31, 2011 August 15, 2011
August 31, 2011 September 15, 2011
September 30, 2011 October 17, 2011
October 31, 2011 November 15, 2011
November 30, 2011 December 15, 2011
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.
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