Timbercreek Financial Corp. (TSE:TF – Get Free Report) declared a monthly dividend on Tuesday, July 23rd, Zacks reports. Shareholders of record on Wednesday, July 31st will be given a dividend of 0.058 per share on Thursday, August 15th. This represents a $0.70 dividend on an annualized basis and a yield of 9.23%. The ex-dividend date is Wednesday, July 31st.
Timbercreek Financial Stock Down 1.3 %
TF stock opened at C$7.54 on Thursday. The firm has a fifty day moving average price of C$7.24 and a two-hundred day moving average price of C$7.35. The company has a debt-to-equity ratio of 134.84, a current ratio of 110.86 and a quick ratio of 145.00. Timbercreek Financial has a 1-year low of C$5.74 and a 1-year high of C$7.85. The firm has a market cap of C$625.90 million, a price-to-earnings ratio of 10.19 and a beta of 1.24.
Timbercreek Financial (TSE:TF – Get Free Report) last announced its quarterly earnings data on Monday, May 6th. The company reported C$0.17 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.19 by C($0.02). Timbercreek Financial had a net margin of 72.79% and a return on equity of 8.97%. The business had revenue of C$24.93 million for the quarter, compared to the consensus estimate of C$26.23 million. Research analysts predict that Timbercreek Financial will post 0.7258727 EPS for the current year.
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on TF
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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