Timbercreek Mortgage Investment About To Put More Money In Your Pocket (TMC)

On 8/27/14, Timbercreek Mortgage Investment Corp (TSX: TMC.TO) will trade ex-dividend, for its monthly dividend of $0.06, payable on 9/15/14. As a percentage of TMC's recent stock price of $9.21, this dividend works out to approximately 0.65%, so look for shares of Timbercreek Mortgage Investment Corp to trade 0.65% lower — all else being equal — when TMC shares open for trading on 8/27/14.

Below is a dividend history chart for TMC, showing historical dividends prior to the most recent $0.06 declared by Timbercreek Mortgage Investment Corp:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TMC is likely to continue, and whether the current estimated yield of 7.82% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TMC shares, versus its 200 day moving average:

Timbercreek Mortgage Investment Corp 200 Day Moving Average Chart

Looking at the chart above, TMC's low point in its 52 week range is $8.64 per share, with $9.86 as the 52 week high point — that compares with a last trade of $9.23.

In Monday trading, Timbercreek Mortgage Investment Corp shares are currently down about 0.2% on the day.

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