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Firm Capital Mortgage Investment (TSX:FC) Dividend Yield % : 8.56% (As of Apr. 26, 2024)


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What is Firm Capital Mortgage Investment Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of Firm Capital Mortgage Investment is 8.56%.

The historical rank and industry rank for Firm Capital Mortgage Investment's Dividend Yield % or its related term are showing as below:

TSX:FC' s Dividend Yield % Range Over the Past 10 Years
Min: 6.07   Med: 7.33   Max: 10.09
Current: 8.56

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%.

TSX:FC's Dividend Yield % is ranked better than
91.62% of 1205 companies
in the Banks industry
Industry Median: 3.98 vs TSX:FC: 8.56

Firm Capital Mortgage Investment's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.97.

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.

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.

As of today (2024-04-26), the Forward Dividend Yield % of Firm Capital Mortgage Investment is 8.56%.

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

The growth rate is calculated with least square regression.

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

Firm Capital Mortgage Investment Dividend Yield % Historical Data

The historical data trend for Firm Capital Mortgage Investment's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Firm Capital Mortgage Investment Dividend Yield % Chart

Firm Capital Mortgage Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.36 7.35 6.52 8.80 8.63

Firm Capital Mortgage Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.80 8.34 9.17 9.47 8.63

Competitive Comparison of Firm Capital Mortgage Investment's Dividend Yield %

For the Mortgage Finance subindustry, Firm Capital Mortgage Investment's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Firm Capital Mortgage Investment's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Firm Capital Mortgage Investment's Dividend Yield % falls into.


Firm Capital Mortgage Investment Dividend Yield % Calculation

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
CAD 0.0782023-04-272023-04-302023-05-15Cash 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.936/10.93
=8.56 %

Current Share Price is C$10.93.
Firm Capital Mortgage Investment's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.936.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.936/10.93
=8.56 %

Current Share Price is C$10.93.
Firm Capital Mortgage Investment's Dividends per Share for the forward twelve months is calculated as C$0.078 * 12 = C$0.936.

* 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  (TSX:FC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Firm Capital Mortgage Investment Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Firm Capital Mortgage Investment's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Firm Capital Mortgage Investment (TSX:FC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Firm Capital Mortgage Investment Corp (TSX:FC) » Definitions » Dividend Yield %
Comparable Companies
TSX:AI TSX:TF TSX:ECN TSX:MKP TSX:DLCG TSXV:TII TSXV:BCF TSXV:FDI XCNQ:STX COOP PFSI NSE:LICHSGFIN NSE:PNBHOUSING WD BOM:543335 TSX:FN BOM:541988 LSE:OSB LSE:PAG BOM:511196
Traded in Other Exchanges
FCMGF:USA 74X:Germany
Address
163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Website
https://www.firmcapital.com
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.