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Firm Capital Mortgage Investment Corporation - Confirmation of special year-end dividend amount and announces monthly cash dividends

Firm Capital Mortgage Investment Corporation - Confirmation of special year-end dividend a...

articleFirm Capital Mortgage Investment CorporationJanuary 6, 20174/company/firm-capital-mortgage-invest-corp/news/firm-capital-mortgage-investment-corporation-confirmation-of-special-year-end-dividend-amount-and-announces-monthly-cash-dividends-1
Firm Capital Mortgage Investment Corporation - Confirmation of special year-end dividend amount and announces monthly cash dividends

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[{"type":"text","content":"\n\n\n\nFirm Capital Mortgage Investment Corporation - Confirmation of special year-end dividend amount and announces monthly cash dividends\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Jan. 6, 2017\n\n\n\nTSX Symbol FC\n\n\n\nTORONTO, Jan. 6, 2017 /CNW/ - Firm Capital Mortgage Investment Corporation (the \"Corporation\") (TSX: FC) confirms the previously announced special year-end dividend of $0.03 per share. The December and special year-end dividend, that total $0.108 per share, will be payable on January 16, 2017 to Shareholders of record on December 31, 2016.  \n\nThe special year-end dividend recognizes that the annual income generated in 2016 exceeded regular dividends. Accordingly, a special year-end dividend is being made to distribute all of the Corporation's net income earned in 2016. The special dividend is not indicative of future performance by the Corporation. \n\nTotal dividends paid to Shareholders in 2016, including the December and special year-end dividends, amount to $0.966 per share.\n\nThe Corporation announced 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:\n\n\n\n\nRecord Date\n\n\nDividend Payable\n\n\n\nJanuary 31, 2017\n\n\nFebruary 15, 2017\n\n\n\nFebruary 28, 2017\n\n\nMarch 15, 2017\n\n\n\nMarch 31, 2017\n\n\nApril 17, 2017\n\n \n\nShareholders are reminded that they can participate in the Corporation's Dividend Reinvestment Plan and Share Purchase Plan.\n\nDIVIDEND REINVESTMENT PLAN (DRIP)The plan allows participants to have their monthly cash dividends reinvested in additional shares. The Price paid per share is ...

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