Firm Capital Mortgage Investment Corporation announces monthly cash dividends
August 17 2012 - 11:56PM
PR Newswire (Canada)
TORONTO, Aug. 20, 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 August 31, 2012 September 17, 2012 September
30, 2012 October 15, 2012 October 31, 2012 November 15, 2012
November 30, 2012 December 17, 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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