FinancialContent is the trusted provider of stock market information to the media industry.
March 21, 2012 at 18:58 PM EDT
Timbercreek Senior Mortgage Investment Corporation March 2012 Dividend
Toronto Stock Exchange: MTG
TORONTO, March 21, 2012 /PRNewswire/ - Timbercreek Senior Mortgage Investment Corporation (the "Fund") is pleased to announce that its board of directors (the "Board") has declared a monthly dividend of $0.05 per class A share of the Fund to be paid on April 13, 2012 to holders of Class A Shares of record on March 30, 2012.
As of March 21, 2012 there were 15,415,297 Class A Shares outstanding.
About the Fund
The Fund provides investors with an opportunity to receive attractive yields by investing indirectly, through holding shares of the Fund, in mortgage loan investments, comprised of first mortgages, selected and determined to be high quality by its manager, Timbercreek Asset Management Ltd. The investment objective of the Fund is, with a primary focus on capital preservation, to acquire and maintain a diversified portfolio of mortgage loan investments that generates attractive, stable returns in order to permit the Fund to pay monthly distributions to its shareholders.
SOURCE Timbercreek Senior Mortgage Investment Corporation
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here