Firm Capital Mortgage Investment Corporation

TSX:FC Stock Report

Market Cap: CA$420.6m

Firm Capital Mortgage Investment Dividend

Dividend criteria checks 5/6

Firm Capital Mortgage Investment is a dividend paying company with a current yield of 8.65%. Next payment date is on 15th November, 2024 with an ex-dividend date of 31st October, 2024.

Key information

8.6%

Dividend yield

95%

Payout ratio

Industry average yield3.2%
Next dividend pay date15 Nov 24
Ex dividend date31 Oct 24
Dividend per shareCA$0.990
Earnings per shareCA$0.93
Dividend yield forecast9.3%

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 (TSE:FC) Has Announced A Dividend Of CA$0.078

Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078

Aug 08
Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078

Jul 25
Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078

Jul 06
Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078

Jun 15
Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Is Paying Out A Dividend Of CA$0.078

Jun 01
Firm Capital Mortgage Investment (TSE:FC) Is Paying Out A Dividend Of CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078

May 10
Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Has Affirmed Its Dividend Of CA$0.078

Apr 04
Firm Capital Mortgage Investment (TSE:FC) Has Affirmed Its Dividend Of CA$0.078

Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078

Feb 28
Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Is Paying Out A Dividend Of CA$0.078

Jan 31
Firm Capital Mortgage Investment (TSE:FC) Is Paying Out A Dividend Of CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Has Affirmed Its Dividend Of CA$0.078

Jan 09
Firm Capital Mortgage Investment (TSE:FC) Has Affirmed Its Dividend Of CA$0.078

Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.092

Dec 25
Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.092

Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078

Nov 16
Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078

Oct 30
Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078

Sep 30
Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078

Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078

Sep 01
Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078

Aug 10
Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078

Jul 19
Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078

Jul 01
Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078

May 26
Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Has Re-Affirmed Its Dividend Of CA$0.078

May 12
Firm Capital Mortgage Investment (TSE:FC) Has Re-Affirmed Its Dividend Of CA$0.078

Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078

Apr 16
Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078

Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078

Mar 15
Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078

Upcoming Dividend Payment

TodayOct 04 2024Ex Dividend DateOct 31 2024Dividend Pay DateNov 15 202415 days from Ex DividendBuy in the next 27 days to receive the upcoming dividend

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
How does FC dividend yield compare to the market?
SegmentDividend Yield
Company (FC)8.6%
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)5.8%
Industry Average (Diversified Financial)3.2%
Analyst forecast (FC) (up to 3 years)9.3%

Notable Dividend: FC's dividend (8.65%) is higher than the bottom 25% of dividend payers in the Canadian market (1.74%).

High Dividend: FC's dividend (8.65%) is in the top 25% of dividend payers in the Canadian market (5.77%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (94.9%), FC's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (59.2%), FC's dividend payments are covered by cash flows.


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