Firm Capital Mortgage Investment Corporation: December and estimated special year-end dividend amounting to $0.112 per share

About this update from Firm Capital Mortgage Investment Corporation

[{"type":"text","content":"\n\nTSX Symbol FC\n\n\n\nTORONTO, Dec.16, 2014 /CNW/ - Firm Capital Mortgage Investment Corporation (the \"Corporation\") (TSX: FC) announces its monthly cash dividend for December in the amount of $0.078 per share. The Corporation also announces an estimated special year-end cash dividend (the \"Special Dividend\") of $0.034 per share. These cash dividends, totaling an estimated $0.112 per share are payable on January 15 2015, to shareholders of record on December 31, 2014.  \n\nThe precise amount of the Special Dividend will be confirmed prior to the payment date. The estimated Special Dividend recognizes the net income generated by the Corporation exceeds year-to-date dividends paid to shareholders. The Special Dividend is not indicative of future performance.\n\nDIVIDEND OVERVIEW 2014:Regular monthly cash dividends for 2014 equalled $0.078 per month, for a total $0.936 per share, which, together with the year-end Special Dividend of $0.034, represents total cash dividends for 2014 of $0.970 per share.\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, which also includes enrollment information. If you have any questions, please contact Investor Relations at the Corporation by calling 416-635-0221.\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 Corporation's investment objective is the preservation of Shareholders' equity, while providing Shareholders with a stable stream of monthly dividends from investments. Th...

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