Timbercreek Financial Corp. (TSE:TF – Get Free Report) announced a monthly dividend on Tuesday, April 23rd, Zacks reports. Stockholders of record on Tuesday, April 30th will be given a dividend of 0.058 per share on Wednesday, May 15th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 9.18%. The ex-dividend date is Monday, April 29th.
Timbercreek Financial Price Performance
Timbercreek Financial stock opened at C$7.58 on Thursday. The company’s 50 day simple moving average is C$7.58 and its 200-day simple moving average is C$7.00. The company has a market capitalization of C$629.22 million, a price-to-earnings ratio of 9.72 and a beta of 1.24. Timbercreek Financial has a 1 year low of C$5.74 and a 1 year high of C$8.07. The company has a debt-to-equity ratio of 142.94, a quick ratio of 145.00 and a current ratio of 7.72.
Timbercreek Financial (TSE:TF – Get Free Report) last released its quarterly earnings results on Monday, February 26th. The company reported C$0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.19 by C($0.01). Timbercreek Financial had a net margin of 75.87% and a return on equity of 9.49%. The company had revenue of C$29.72 million during the quarter, compared to analysts’ expectations of C$29.49 million. As a group, equities research analysts expect that Timbercreek Financial will post 0.7256214 earnings per share for the current year.
Analyst Ratings Changes
Read Our Latest Report on Timbercreek Financial
About Timbercreek Financial
Timbercreek Financial Corp. provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing real estate properties, such as multi-residential, office, and retail buildings in urban markets. The company was founded in 2016 and is headquartered in Toronto, Canada.
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