Firm Capital Mortgage Investment Dividend
Dividend criteria checks 3/6
Firm Capital Mortgage Investment is a dividend paying company with a current yield of 9.21%. Next payment date is on 17th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
9.2%
Dividend yield
94%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 17 Jun 24 |
| Ex dividend date | 31 May 24 |
| Dividend per share | n/a |
| Earnings per share | CA$0.99 |
| Dividend yield forecast in 3Y | 9.7% |
Recent dividend 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 16Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078
Mar 15Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078
Feb 27Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078
Feb 08Firm Capital Mortgage Investment (TSE:FC) Has Affirmed Its Dividend Of CA$0.078
Jan 25Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078
Jan 10Firm Capital Mortgage Investment (TSE:FC) Has Affirmed Its Dividend Of CA$0.09
Dec 21Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078
Oct 30Firm Capital Mortgage Investment (TSE:FC) Has Re-Affirmed Its Dividend Of CA$0.078
Sep 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FC's dividend payments have been volatile in the past 10 years.
Growing Dividend: FC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Firm Capital Mortgage Investment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FC) | 9.2% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Diversified Financial) | 3.3% |
| Analyst forecast in 3 Years (FC) | 9.7% |
Notable Dividend: FC's dividend (9.21%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: FC's dividend (9.21%) is in the top 25% of dividend payers in the Canadian market (6.56%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (94.5%), FC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.8%), FC's dividend payments are covered by cash flows.