Toronto Stock Exchange: MTG
TORONTO, Feb. 17, 2012 /CNW/ - Timbercreek Senior Mortgage Investment
Corporation (the "Fund") is pleased to announce that its board of
directors (the "Board") has declared a monthly dividend of $0.05 per
class A share of the Fund to be paid on March 15, 2012 to holders of
Class A Shares of record on February 29, 2012.
As of February 17, 2012 there were 15,415,297 Class A Shares
About the Fund
The Fund provides investors with an opportunity to receive attractive
yields by investing indirectly, through holding shares of the Fund, in
mortgage loan investments, comprised of first mortgages, selected and
determined to be high quality by its manager, Timbercreek Asset
Management Ltd. The investment objective of the Fund is, with a
primary focus on capital preservation, to acquire and maintain a
diversified portfolio of mortgage loan investments that generates
attractive, stable returns in order to permit the Fund to pay monthly
distributions to its shareholders.
SOURCE Timbercreek Senior Mortgage Investment Corporation
For further information:
Timbercreek Asset Management Ltd.