Timbercreek Financial Corp T.TF

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

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 an alternative asset class investment manager. The investment objective of the Company is to secure and grow a diversified portfolio of mortgage and other loan investments, generating an attractive risk-adjusted return and monthly dividend payments to shareholders, balanced by a strong focus on capital preservation. The Company focuses primarily on lending against income-producing real estate such as multi-residential, retail and office properties. It fulfills a financing requirement that is not well serviced by the commercial banks: primarily shorter duration, structured financing. It works with borrowers throughout the terms of their mortgages to ensure that their capital requirements are met.

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Timbercreek Financial Corp

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Post by uogradon Apr 06, 2021 3:48pm

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Post# 32943315

if you love tf might want to look at pic.a

pic.a is a play on the big banks.

cut its distribution in half from .20 per quarter to .10 when all heck broke loose last year

last quarter bumped it to .125

Last night brought it back to .20319 per quarter. Stock is 6 and change. Yield over 13%

ex div april 13

with tf, che.un and pic.a a guy can have a pretty frothy distribution play with not a lot of risk. tight market low volume. hard to get in harder to get out.

i find the money spends real well. bought more at the open this morning.

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