Timbercreek Financial Corp. (TSE:TF – Get Free Report) announced a monthly dividend on Thursday, May 23rd, Zacks reports. Investors of record on Friday, May 31st will be paid a dividend of 0.058 per share on Friday, June 14th. This represents a $0.70 annualized dividend and a yield of 9.99%. The ex-dividend date is Friday, May 31st.
Timbercreek Financial Stock Down 0.4 %
TSE TF traded down C$0.03 on Thursday, hitting C$6.97. 12,376 shares of the stock were exchanged, compared to its average volume of 117,937. The company has a quick ratio of 145.00, a current ratio of 110.86 and a debt-to-equity ratio of 134.84. Timbercreek Financial has a fifty-two week low of C$5.74 and a fifty-two week high of C$7.85. The company has a market cap of C$578.58 million, a PE ratio of 9.46 and a beta of 1.24. The company has a 50-day moving average price of C$7.46 and a 200-day moving average price of C$7.17.
Timbercreek Financial (TSE:TF – Get Free Report) last issued its earnings results on Monday, May 6th. The company reported C$0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.19 by C($0.02). Timbercreek Financial had a net margin of 72.79% and a return on equity of 8.97%. The company had revenue of C$24.93 million during the quarter, compared to analyst estimates of C$26.23 million. Sell-side analysts anticipate that Timbercreek Financial will post 0.7258727 EPS for the current fiscal year.
Analyst Ratings Changes
View Our Latest Stock Analysis on TF
About Timbercreek Financial
Timbercreek Financial Corp. provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing real estate properties, such as multi-residential, office, and retail buildings in urban markets. The company was founded in 2016 and is headquartered in Toronto, Canada.
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