Timbercreek Financial Corp. (TSE:TF – Get Free Report) announced a monthly dividend on Wednesday, October 23rd, Zacks reports. Investors of record on Thursday, October 31st will be paid a dividend of 0.058 per share on Friday, November 15th. This represents a $0.70 dividend on an annualized basis and a yield of 8.65%. The ex-dividend date is Thursday, October 31st.
Timbercreek Financial Stock Performance
TSE:TF opened at C$8.05 on Friday. The business’s 50-day moving average is C$8.00 and its two-hundred day moving average is C$7.60. The firm has a market capitalization of C$668.23 million, a PE ratio of 11.03 and a beta of 1.23. Timbercreek Financial has a 12 month low of C$5.74 and a 12 month high of C$8.29. The company has a debt-to-equity ratio of 132.31, a current ratio of 7.36 and a quick ratio of 145.00.
Timbercreek Financial (TSE:TF – Get Free Report) last announced its earnings results 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. The business had revenue of C$26.68 million for the quarter, compared to the consensus estimate of C$27.90 million. Timbercreek Financial had a return on equity of 8.73% and a net margin of 70.41%. Research analysts predict that Timbercreek Financial will post 0.7300725 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on Timbercreek Financial
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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