Timbercreek Financial Corp. (TSE:TF – Get Free Report) announced a monthly dividend on Tuesday, July 23rd, Zacks reports. Shareholders of record on Wednesday, July 31st will be paid a dividend of 0.058 per share on Thursday, August 15th. This represents a $0.70 annualized dividend and a yield of 9.23%. The ex-dividend date is Wednesday, July 31st.
Timbercreek Financial Stock Performance
Shares of TSE:TF opened at C$7.54 on Thursday. The firm has a market capitalization of C$625.90 million, a PE ratio of 10.19 and a beta of 1.24. The company has a debt-to-equity ratio of 134.84, a current ratio of 110.86 and a quick ratio of 145.00. The business has a 50-day moving average of C$7.24 and a two-hundred day moving average of C$7.35. Timbercreek Financial has a 12 month low of C$5.74 and a 12 month high of C$7.85.
Timbercreek Financial (TSE:TF – Get Free Report) last announced its quarterly earnings results on Monday, May 6th. The company reported C$0.17 EPS for the quarter, missing the consensus estimate of C$0.19 by C($0.02). The firm had revenue of C$24.93 million for the quarter, compared to analyst estimates of C$26.23 million. Timbercreek Financial had a return on equity of 8.97% and a net margin of 72.79%. As a group, research analysts forecast that Timbercreek Financial will post 0.7258727 earnings per share for the current year.
Analyst Ratings Changes
View Our Latest Analysis on TF
Timbercreek Financial Company Profile
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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