Firm Capital Mortgage Investment Corporation Announces Monthly Cash Dividends
January 17 2012 - 8:25AM
PR Newswire (Canada)
TORONTO, Jan. 19, 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 January 31, 2012 February 15, 2012 February
29, 2012 March 15, 2012 March 31, 2012 April 16, 2012 April 30,
2012 May 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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