Firm Capital Mortgage Investment Corporation Announces Monthly Cash Dividends
TORONTO, Jan. 20, 2011 /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 | Dividend Payable | ||
| January 31, 2011 | February 15, 2011 | ||
| February 28, 2011 | March 15, 2011 | ||
| March 31, 2011 | April 15, 2011 | ||
| April 30, 2011 | May 16, 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.
Firm Capital Mortgage Investment Corporation
President & Chief Executive Officer
(416) 635-0221
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