Timbercreek Financial Corp. (TSE:TF – Get Free Report) declared a monthly dividend on Thursday, May 23rd, Zacks reports. Investors of record on Friday, May 31st will be paid a dividend of 0.058 per share on Friday, June 14th. This represents a $0.70 annualized dividend and a yield of 9.84%. The ex-dividend date is Friday, May 31st.
Timbercreek Financial Trading Up 0.9 %
Shares of Timbercreek Financial stock traded up C$0.06 on Friday, reaching C$7.07. 101,198 shares of the company were exchanged, compared to its average volume of 118,153. Timbercreek Financial has a fifty-two week low of C$5.74 and a fifty-two week high of C$7.85. The firm has a market capitalization of C$586.88 million, a price-to-earnings ratio of 9.55 and a beta of 1.24. The company has a current ratio of 110.86, a quick ratio of 145.00 and a debt-to-equity ratio of 134.84. The stock has a fifty day moving average price of C$7.50 and a 200-day moving average price of C$7.15.
Timbercreek Financial (TSE:TF – Get Free Report) last posted its earnings results on Monday, February 26th. The company reported C$0.18 EPS for the quarter, missing the consensus estimate of C$0.19 by C($0.01). The business had revenue of C$29.72 million for the quarter, compared to analyst estimates of C$29.49 million. Timbercreek Financial had a return on equity of 8.97% and a net margin of 72.79%. On average, analysts expect that Timbercreek Financial will post 0.7258727 EPS for the current year.
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About Timbercreek Financial
Timbercreek Financial Corp. provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing real estate properties, such as multi-residential, office, and retail buildings in urban markets. The company was founded in 2016 and is headquartered in Toronto, Canada.
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