Timbercreek Financial Corp. (TSE:TF – Get Free Report) announced a monthly dividend on Thursday, May 23rd, Zacks reports. Shareholders of record on Friday, May 31st will be given a dividend of 0.058 per share on Friday, June 14th. This represents a $0.70 annualized dividend and a yield of 9.99%. The ex-dividend date of this dividend is Friday, May 31st.
Timbercreek Financial Stock Performance
TSE:TF traded down C$0.03 on Thursday, hitting C$6.97. The company’s stock had a trading volume of 12,376 shares, compared to its average volume of 117,937. The company has a current ratio of 110.86, a quick ratio of 145.00 and a debt-to-equity ratio of 134.84. The stock has a fifty day moving average of C$7.46 and a two-hundred day moving average of C$7.17. The firm has a market capitalization of C$578.58 million, a P/E ratio of 9.46 and a beta of 1.24. Timbercreek Financial has a one year low of C$5.74 and a one year high of C$7.85.
Timbercreek Financial (TSE:TF – Get Free Report) last released its quarterly earnings data on Monday, May 6th. The company reported C$0.17 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of C$24.93 million during the quarter, compared to the consensus estimate of C$26.23 million. Research analysts predict that Timbercreek Financial will post 0.7258727 earnings per share for the current year.
Analysts Set New Price Targets
View Our Latest Analysis 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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