Post by
sdhaka on Mar 19, 2024 1:28pm
Timbercreek announces special dividend of $0.0575 per share!
In the dynamic realm of finance, Timbercreek Financial (TSX: TF) made waves in 2023, not only by surpassing expectations with a special dividend of $0.0575 per share but also by charting a course for future growth. Anticipated surge in transaction volumes in H2-2024 is expected, fueled by TF's proactive approach amidst subdued real estate activity and lower interest rate predictions. As the largest Mortgage Investment Corporation (MIC), TF's high percentage of income-producing properties positions it for sustained growth. Notable achievements include the full recovery of principal and accrued interest on a $146 million portfolio in Q4, showcasing robust risk management capabilities. Don't miss out on these insightful highlights - explore the full report https://www.researchfrc.com/timbercreek-financial-corp-tsx-tf-posts-record-revenue-eps-while-enhancing-portfolio-quality-final-report/ *FRC provides issuer paid coverage. *Past performance is not indicative of future results
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