Timbercreek Financial Corp Announces Monthly Dividend of C$0.06 (TF)
Timbercreek Financial Corp (TSE:TF) announced a monthly dividend on Monday, November 28th. Investors of record on Thursday, December 15th will be given a dividend of 0.057 per share on Thursday, December 15th. This represents a $0.68 annualized dividend and a yield of 7.77%. The ex-dividend date is Monday, November 28th.
Shares of Timbercreek Financial Corp (TSE:TF) opened at 8.80 on Monday. The company has a 50-day moving average price of $8.29 and a 200 day moving average price of $8.24. The firm has a market capitalization of $649.95 million and a price-to-earnings ratio of 10.86. Timbercreek Financial Corp has a 1-year low of $7.86 and a 1-year high of $8.83.
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Several analysts have issued reports on the company. National Bank Financial restated an “outperform market weight” rating and issued a C$9.00 target price on shares of Timbercreek Financial Corp in a research note on Wednesday, November 16th. TD Securities restated a “buy” rating and issued a C$9.00 target price on shares of Timbercreek Financial Corp in a research note on Friday, November 11th.
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