Timbercreek Financial Corp. (TSE:TF – Get Free Report) declared a monthly dividend on Friday, September 20th, Zacks reports. Shareholders of record on Friday, September 27th will be paid a dividend of 0.058 per share on Tuesday, October 15th. This represents a $0.70 annualized dividend and a yield of 8.53%. The ex-dividend date is Friday, September 27th.
Timbercreek Financial Trading Down 0.4 %
TF traded down C$0.03 during trading on Wednesday, hitting C$8.16. The company’s stock had a trading volume of 6,916 shares, compared to its average volume of 126,388. Timbercreek Financial has a twelve month low of C$5.74 and a twelve month high of C$8.24. The company has a quick ratio of 145.00, a current ratio of 7.36 and a debt-to-equity ratio of 132.31. The stock’s fifty day moving average price is C$7.80 and its 200-day moving average price is C$7.54. The firm has a market capitalization of C$677.36 million, a P/E ratio of 11.22 and a beta of 1.23.
Timbercreek Financial (TSE:TF – Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The company reported C$0.19 EPS for the quarter, beating the consensus estimate of C$0.18 by C$0.01. Timbercreek Financial had a return on equity of 8.73% and a net margin of 70.41%. The firm had revenue of C$26.68 million during the quarter, compared to the consensus estimate of C$27.90 million. Analysts anticipate that Timbercreek Financial will post 0.7300178 EPS for the current year.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Report on TF
Timbercreek Financial Company Profile
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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