TORONTO, Jan. 8, 2015 /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

Dividend Payable

January 31, 2015

February 16, 2015

February 28, 2015

March 16, 2015

March 31, 2015

April 15, 2015

 

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 2015 Canada NewsWire

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