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Home Capital Group Inc HMCBF


Primary Symbol: T.HCG

Home Capital Group Inc. is a Canada-based holding company that operates through its principal subsidiary, Home Trust Company (Home Trust). Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank offer deposits through brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Its mortgage lending includes classic single-family residential lending, insured residential lending, residential commercial lending, and non-residential commercial lending. Its consumer lending loan portfolio comprises credit cards, lines of credit and other consumer retail loans. In addition, the Company manages a treasury portfolio to support liquidity requirements and invest excess capital.


TSX:HCG - Post by User

Bullboard Posts
Comment by Funinthesun1on Jun 23, 2017 12:15pm
78 Views
Post# 26398190

RE:RE:RE:RE:Thanks a plenty

RE:RE:RE:RE:Thanks a plentyTrue, I did read that HCG cut the dividents...when it gets up in that price range, dividents is almost a must. Maybe they will re-instate dividents but probably wont happen for a while now...it was just cut.
jx7000 wrote: I sold out yesterday at C$19.02 just before closing and made a nice profit after two months of anticipation. I'm tempted to jump back in if the SP falls below $19.

However, I see that EQB has had a nice recovery to C$63 today from its April 28th low of $36.50, and they do pay a dividend. Hmm, forgot about that one in all the HCG chaos.



Bullboard Posts