Insider Buying: Trez Capital Mortgage Investment Corp (TZZ) Director Acquires 19,516 Shares of Stock
Trez Capital Mortgage Investment Corp (TSE:TZZ) Director Zachary R. George purchased 19,516 shares of the business’s stock in a transaction dated Friday, October 20th. The shares were purchased at an average price of C$4.99 per share, with a total value of C$97,384.84.
Shares of Trez Capital Mortgage Investment Corp (TZZ) traded down 0.40% during mid-day trading on Friday, hitting $5.00. 26,949 shares of the stock were exchanged. Trez Capital Mortgage Investment Corp has a one year low of $4.06 and a one year high of $8.35. The company has a 50-day moving average of $4.99 and a 200 day moving average of $6.81.
The business also recently declared a monthly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were paid a dividend of $0.058 per share. This represents a $0.70 dividend on an annualized basis and a yield of 13.92%. The ex-dividend date of this dividend was Thursday, September 28th.
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Trez Capital Mortgage Investment Corp Company Profile
Trez Capital Mortgage Investment Corporation is a Canada-based non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction and mezzanine mortgages. The investment objectives of the Company are to acquire and maintain a diversified portfolio of mortgages that preserves capital and generates returns in order to permit the Company to pay monthly distributions to its Class A Shareholders.
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