Firm Capital Mortgage Investment Corporation announces monthly cash dividends

TORONTO, July 9, 2014 /CNW/ - Firm Capital Mortgage Investment Corporation ("MIC") (TSX: FC), announces its monthly cash dividend of $0.078 per share (subject to adjustment in the discretion of the board of directors) payable to shareholders of record as follows:

Record Date





 

Dividend Payable


July 31, 2014







 August 15, 2014         



August 31, 2014







 September 15, 2014



September 30, 2014







 October 15, 2014



The MIC, through its Mortgage Banker, Firm Capital Corporation, is a non-bank lender providing residential and commercial short-term bridge and conventional real estate finance, including construction, mezzanine and equity investments.  The MIC's investment objective is the preservation of Shareholders' Equity, while providing Shareholders with a stable stream of monthly dividends from investments. The MIC achieves its investment objectives by pursuing a strategy of growth through investments in selected niche markets that are under-serviced by large lending institutions. Lending activities to date continue to develop a diversified mortgage portfolio, producing a stable return to Shareholders. For more information, please visit www.firmcapital.com

SOURCE Firm Capital Mortgage Investment Corporation

For further information: Eli Dadouch, President & Chief Executive Officer, (416) 635-0221, www.firmcapital.com