Timbercreek Senior Mortgage Announces Aug 14 Dividend of C$0.05 (MTG)
Timbercreek Senior Mortgage (TSE:MTG) announced a aug 14 dividend on Wednesday, August 20th, Stock Ratings Network reports. Investors of record on Friday, August 29th will be paid a dividend of 0.05 per share on Monday, September 15th.
On a related note, analysts at Raymond James initiated coverage on shares of Timbercreek Senior Mortgage in a research note on Thursday, July 10th. They set an “outperform” rating and a C$10.00 price target on the stock.
Timbercreek Senior Mortgage (TSE:MTG) traded up 0.43% during mid-day trading on Wednesday, hitting $9.27. The stock had a trading volume of 13,311 shares. Timbercreek Senior Mortgage has a one year low of $8.19 and a one year high of $9.45. The stock has a 50-day moving average of $9.16 and a 200-day moving average of $8.8.
Timbercreek Senior Mortgage (TSE:MTG) last released its earnings data on Thursday, August 14th. The company reported $0.15 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.16 by $0.01.
Timbercreek Senior Mortgage Investment Corporation intends to operate as a closed-end mortgage investment corporation and to invest and reinvest its assets in Customized First Mortgages.
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