Trez Capital Mortgage Investment Corporation to Review its Fiscal Year-End 2013 Financial Results on April 4, 2014
TORONTO, March 20, 2014 /CNW/ - Trez Capital Mortgage Investment Corporation (TSX: TZZ) (the "Company") announced today that it will hold a call to discuss financial results for the year ended December 31, 2013 on Friday April 4, 2014 at 2:00pm EST.
The Company paid dividends totaling $0.70 per share in 2013 for a yield of approximately 7.8% (based on a closing market price of $8.97 per share as quoted on the Toronto Stock Exchange on March 19, 2014). "We are pleased with the operating results for 2013 as we have successfully hit our targets as previously set out", said Michael J.R. Nisker, President and CEO of the Company.
Conference Call Details:
Dial-in-number: Toll Free 1-855-202-1807
Event Conference ID: 10506744
A taped replay of the conference call will be available until May 4, 2014 by dialing 1-855-859-2056, passcode: 10506744.
About the Company
The Company's objective is to acquire and maintain a diversified portfolio of mortgages in Canada that preserves capital and generates attractive returns in order to pay monthly distributions to its shareholders. The Company accomplishes its investment objectives through prudent investments in mortgages to qualified real estate investors and developers, focusing primarily on short-term bridge financing needs not serviced by traditional real estate lenders. Trez Capital Fund Management Limited Partnership is the Manager of the Company. The Manager has over 17 years of bridge financing experience in the real estate sector and currently manages $1.65 billion in assets.
SOURCE Trez Capital Junior Mortgage Investment CorporationFor further information:
Vice President, Investor Relations
Tel: (647) 788-1788