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Firm Capital Mortgage Investment (TSX:FC) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is Firm Capital Mortgage Investment 3-Year Dividend Growth Rate?

Firm Capital Mortgage Investment's Dividends per Share for the three months ended in Dec. 2023 was C$0.23.

The historical rank and industry rank for Firm Capital Mortgage Investment's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:FC's 3-Year Dividend Growth Rate is not ranked *
in the Banks industry.
Industry Median: 7.4
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Firm Capital Mortgage Investment's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.97. As of today, Firm Capital Mortgage Investment's Dividend Yield % is 8.63%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Firm Capital Mortgage Investment Corp is 0.96, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Firm Capital Mortgage Investment's 3-Year Dividend Growth Rate

For the Mortgage Finance subindustry, Firm Capital Mortgage Investment's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Firm Capital Mortgage Investment's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Firm Capital Mortgage Investment's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Firm Capital Mortgage Investment's 3-Year Dividend Growth Rate falls into.



Firm Capital Mortgage Investment 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Firm Capital Mortgage Investment  (TSX:FC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Firm Capital Mortgage Investment's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.234/ 0.242
=0.97

During the past 13 years, the highest Dividend Payout Ratio of Firm Capital Mortgage Investment was 1.03. The lowest was 0.95. And the median was 0.98.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Firm Capital Mortgage Investment Corp is 0.96, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Firm Capital Mortgage Investment Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0782024-03-272024-03-312024-04-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0782024-02-282024-02-292024-03-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0782024-01-302024-01-312024-02-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0782023-12-282023-12-312024-01-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0782023-11-292023-11-302023-12-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0782023-10-302023-10-312023-11-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0782023-09-282023-09-292023-10-16Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0782023-08-302023-08-312023-09-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0782023-07-282023-07-312023-08-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0782023-06-292023-06-302023-07-17Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0782023-05-302023-05-312023-06-15Cash DividendmonthlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Firm Capital Mortgage Investment's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.858/10.84
=7.92 %

Current Share Price is C$10.84.
Firm Capital Mortgage Investment's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.858.

During the past 13 years, the highest Dividend Yield of Firm Capital Mortgage Investment was 10.09%. The lowest was 6.07%. And the median was 7.33%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Firm Capital Mortgage Investment 3-Year Dividend Growth Rate Related Terms>


Firm Capital Mortgage Investment (TSX:FC) Business Description

Traded in Other Exchanges
Address
163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Firm Capital Mortgage Investment Corp is a Canadian financial provider. It acts as a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments. The company provides construction, equity and conventional real estate finance for include residential houses, small multi-family residential properties, mixed-use residential and others to the builder, developer, and real estate owner marketplace along with a high level of personal service to real estate investors. Also, it provides loan servicing, asset management, and related investment services. The company's revenue mainly comprises Interest and fee income and commission fees arising from Canada and United States.

Firm Capital Mortgage Investment (TSX:FC) Headlines

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