Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Timbercreek Financial Corp T.TF

Alternate Symbol(s):  T.TF.DB.C | TBCRF | T.TF.DB.D | T.TF.DB.E

Timbercreek Financial Corp is a Canada-based non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors. The Company is focused on providing structured financing solutions to real estate owners and investors and acts as alternative asset class investment manager. The investment objective of the Company is to secure and grow a diversified portfolio of mortgage and other investments, generating an attractive risk adjusted return and monthly dividend payments to shareholders. The Company invests in a portfolio of structured mortgage loans primarily secured by income-producing commercial real estate, such as multi-residential, office and retail buildings located in urban markets across Canada.


TSX:TF - Post by User

Post by sdhakaon Mar 19, 2024 1:28pm
214 Views
Post# 35941016

Timbercreek announces special dividend of $0.0575 per share!

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
<< Previous
Bullboard Posts
Next >>