Timbercreek Financial Corp. (TF) To Go Ex-Dividend on October 30th

Timbercreek Financial Corp. (TSE:TF) declared a monthly dividend on Friday, October 30th. Investors of record on Friday, November 13th will be given a dividend of $0.0575 per share on Friday, November 13th. This represents a $0.69 dividend on an annualized basis and a yield of 13.4%. The ex-dividend date of this dividend is Friday, October 30th.

Timbercreek Financial Trading Up 1.6%

Shares of Timbercreek Financial stock opened at C$5.16 on Wednesday. The firm has a market cap of C$427.01 million, a price-to-earnings ratio of 16.65 and a beta of 0.84. Timbercreek Financial has a 52-week low of C$5.03 and a 52-week high of C$7.36. The company’s 50-day simple moving average is C$5.50 and its 200-day simple moving average is C$6.39. The company has a quick ratio of 145.00, a current ratio of 1.84 and a debt-to-equity ratio of 232.22.

Timbercreek Financial (TSE:TF) last released its earnings results on Wednesday, July 29th. The company reported C$0.18 earnings per share (EPS) for the quarter. The company had revenue of C$45.12 million for the quarter. Timbercreek Financial had a return on equity of 3.85% and a net margin of 17.14%. As a group, equities research analysts anticipate that Timbercreek Financial will post 0.73 earnings per share for the current year.

Timbercreek Financial Company Profile

Timbercreek Financial is a leading non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate professionals. Our sophisticated, service-oriented approach allows us to meet the needs of borrowers, including faster execution and more flexible terms that are not typically provided by Canadian financial institutions. By employing thorough underwriting, active management and strong governance, we are able to meet these needs while generating strong risk-adjusted yields for investors.