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Firm Capital Mortgage Investment Corporation - Confirmation of Special Year-End Dividend Amount and Reminder to Shareholders of the DRIP and Share Purchase Plan Programs

TSX Symbol FC TORONTO , Jan. 8, 2015 /CNW/ - Firm Capital Mortgage Investment Corpora...

articleFirm Capital Mortgage Investment CorporationJanuary 8, 20155/company/firm-capital-mortgage-invest-corp/news/firm-capital-mortgage-investment-corporation-confirmation-of-special-year-end-dividend-amount-and-reminder-to-shareholders-of-the-drip-and-share-purchase-plan-programs
Firm Capital Mortgage Investment Corporation - Confirmation of Special Year-End Dividend Amount and Reminder to Shareholders of the DRIP and Share Purchase Plan Programs

About this update from Firm Capital Mortgage Investment Corporation

[{"type":"text","content":"\n\nTSX Symbol FC\n\n\n\nTORONTO, Jan. 8, 2015 /CNW/ - Firm Capital Mortgage Investment Corporation (the \"Corporation\") (TSX: FC) confirms the previously announced special year-end dividend of $0.034 per share. The December and special year-end dividend, that total $0.112 per share, will be payable on January 15, 2015 to Shareholders of record on December 31, 2014.  \n\nThe special year-end dividend recognizes that the annual income generated in 2014 exceeded regular dividends. Accordingly, a special year-end dividend is necessary to distribute all of the Corporation's income earned in 2014. The special dividend is not indicative of future performance by the Corporation. \n\nTotal dividends paid to Shareholders in 2014, including the December and special year-end dividends, amount to $0.970 per share.\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 98% of the weighted average trading price calculated five trading days immediately preceding each dividend date with no commission cost.\n\nSHARE PURCHASE PLANOnce registered with the Plan, participants have the right to purchase additional shares, totalling no greater than $12,000 per year and no less than $250 per month.  Shareholders participating pay no commission.\n\nFor further information, including answers to frequently asked questions about the program, please refer to our website: www.Firmcapital.com, and tab under the banner Firm Capital Mortgage Investment Corporation. To enrol, please contact your investment advisor or if you are a registered Shareholder complete the Authorization Form located on our website and forward to our transfer Agent, Computershare Trust Company of Canada, at the address noted on the web site. You can also contact Investor Relations at the Corporation by calling 416-635-0221, who will assist you in enrolling in the program.\n\nABOUT THE CORPORATIONThe Corporation, through its mortgage banker, Firm Capital Corporation, is a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine and equity investments. The...

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