Firm Capital Mortgage Investment Corporation - December and estimated special year-end dividend amounting to $0.132 per share

About this update from Firm Capital Mortgage Investment Corporation

[{"type":"text","content":"\n\n\n\n\n\nTSX Symbol FC\n\n\nTORONTO, Dec. 18, 2012 /CNW/ - Firm Capital Mortgage Investment\n Corporation (the \"Corporation\") (TSX: FC) announces its monthly cash\n dividend for December in the amount of $0.078 per share. The\n Corporation also announces an estimated special year-end cash dividend\n (the \"Special Dividend\") of $0.054 per share. These cash dividends,\n totaling an estimated $0.132 per share are payable on January 15, 2013,\n to Shareholders of record on December 31, 2012.\n\n\nThe precise amount of the Special Dividend will be confirmed prior to\n the payment date. The estimated Special Dividend recognizes the net\n income generated by the Corporation exceeds year-to-date dividends paid\n to Shareholders. The Special Dividend is not indicative of future\n performance.\n\n\nDIVIDEND OVERVIEW 2012:\nRegular monthly cash dividends for 2012 equalled $0.078 per month, for a\n total $0.936 per share, which, together with the year-end Special\n Dividend of $0.054, represents total cash dividends for 2012 of $0.99\n per share.\n\n\nABOUT THE CORPORATION\nThe Corporation, through its mortgage banker, Firm Capital Corporation,\n is a non-bank lender providing residential and commercial short-term\n bridge and conventional real estate financing, including construction,\n mezzanine and equity investments. The Corporation's investment\n objective is the preservation of Shareholders' equity, while providing\n Shareholders with a stable stream of monthly dividends from\n investments. The Corporation achieves its investment objectives through\n investments in selected niche markets that are under-serviced by large\n lending institutions. Lending activities to date continue to develop a\n diversified mortgage portfolio, producing a stable return to\n Shareholders. Full reports of the financial results of the Corporation\n for the year are outlined in the audited financial statements and the\n related management discussion and analysis of Firm Capital, available\n on the SEDAR website at www.sedar.com.  In addition, supplemental information is available on Firm Capital's\n website at www.firmcapital.com.\n\n\nForward-Looking Statements\nThis news release contains forward-looking statements within the meaning\n of applicable securities laws including, among others, statements\n concerning our objectives, our strategies ...

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