TORONTO, Oct. 15, 2013 /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
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Dividend Payable
|
|
October 31, 2013
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November 15, 2013
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November 30, 2013
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December 16, 2013
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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
Eli Dadouch
President & Chief Executive Officer
(416) 635-0221
www.firmcapital.com
Copyright CNW Group 2013