Firm Capital Mortgage Investment Corporation
TSX : FC

Firm Capital Mortgage Investment Corporation

May 18, 2011 12:13 ET

Firm Capital Mortgage Investment Corporation Announces Monthly Cash Dividends

TORONTO, ONTARIO--(Marketwire - May 18, 2011) - 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 DateDividend Payable
May 31, 2011June 15, 2011
June 30, 2011July 15, 2011
July 31, 2011August 15, 2011
August 31, 2011September 15, 2011
September 30, 2011October 17, 2011
October 31, 2011November 15, 2011
November 30, 2011December 15, 2011

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.

Contact Information

  • Firm Capital Mortgage Investment Corporation
    Eli Dadouch
    President & Chief Executive Officer
    (416) 635-0221
    www.firmcapital.com