Firm Capital Mortgage Investment Dividends and Buybacks
Dividend criteria checks 5/6
Firm Capital Mortgage Investment is a dividend paying company with a current yield of 8.62%. Next payment date is on 16th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
8.6%
Dividend yield
-6.0%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 9.1% |
| Dividend Growth | 1.1% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | CA$0.990 |
| Payout ratio | 95% |
Recent dividend and buyback updates
Recent updates
Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078
Aug 24
Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078
Aug 08Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078
Jul 25Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078
Jul 06Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078
Jun 15Firm Capital Mortgage Investment (TSE:FC) Is Paying Out A Dividend Of CA$0.078
Jun 01Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078
May 10Firm Capital Mortgage Investment (TSE:FC) Has Affirmed Its Dividend Of CA$0.078
Apr 04Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078
Feb 28Firm Capital Mortgage Investment (TSE:FC) Is Paying Out A Dividend Of CA$0.078
Jan 31Firm Capital Mortgage Investment (TSE:FC) Has Affirmed Its Dividend Of CA$0.078
Jan 09Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.092
Dec 25Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078
Nov 16Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078
Oct 30Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078
Sep 30Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078
Sep 01Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078
Aug 10Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078
Jul 19Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078
Jul 01Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078
May 26Firm Capital Mortgage Investment (TSE:FC) Has Re-Affirmed Its Dividend Of CA$0.078
May 12Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078
Apr 16Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FC's dividends per share have been stable in the past 10 years.
Growing Dividend: FC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Firm Capital Mortgage Investment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FC) | 8.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Diversified Financial) | 6.6% |
| Analyst forecast (FC) (up to 3 years) | 9.1% |
Notable Dividend: FC's dividend (8.62%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: FC's dividend (8.62%) is in the top 25% of dividend payers in the Canadian market (6.11%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (94.7%), FC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.3%), FC's dividend payments are covered by cash flows.