Timbercreek Financial Corp. (TSE:TF – Get Free Report) announced a monthly dividend on Thursday, June 20th, Zacks reports. Shareholders of record on Friday, June 28th will be paid a dividend of 0.058 per share on Monday, July 15th. This represents a $0.70 annualized dividend and a dividend yield of 9.63%. The ex-dividend date of this dividend is Friday, June 28th.
Timbercreek Financial Trading Up 0.8 %
Shares of TF traded up C$0.06 during trading hours on Wednesday, reaching C$7.23. The stock had a trading volume of 80,588 shares, compared to its average volume of 117,587. 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 52 week low of C$5.74 and a 52 week high of C$7.85. The firm has a 50-day moving average of C$7.27 and a 200 day moving average of C$7.25. The company has a market cap of C$600.16 million, a P/E ratio of 9.74 and a beta of 1.24.
Timbercreek Financial (TSE:TF – Get Free Report) last released its quarterly earnings data on Monday, May 6th. The company reported C$0.17 EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of C$24.93 million during the quarter, compared to the consensus estimate of C$26.23 million. On average, sell-side analysts expect that Timbercreek Financial will post 0.7258727 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Research Report 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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