Firm Capital Mortgage Investment Corporation announces monthly cash dividends

TORONTO, Oct. 16, 2014 /CNW/ - Firm Capital Mortgage Investment Corporation ("MIC") (TSX: FC), announces 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
October 31, 2014	November 17, 2014
November 30, 2014	December 15, 2014

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, [phone], www.firmcapital.com