Timbercreek Financial Corp (TSE:TF) announced a monthly dividend on Wednesday, March 28th, TickerTech reports. Investors of record on Friday, April 13th will be given a dividend of 0.0575 per share on Friday, April 13th. This represents a $0.69 annualized dividend and a yield of 7.71%. The ex-dividend date of this dividend is Wednesday, March 28th.
Timbercreek Financial (TF) traded down C$0.11 on Friday, reaching C$8.95. The company had a trading volume of 75,737 shares, compared to its average volume of 98,583. Timbercreek Financial has a 12-month low of C$8.81 and a 12-month high of C$9.75. The firm has a market cap of $727.16 and a price-to-earnings ratio of 12.80.
Several equities research analysts recently weighed in on the company. Raymond James Financial lowered Timbercreek Financial from an “outperform” rating to a “market perform” rating in a report on Monday, January 8th. National Bank Financial reiterated an “outperform market weight” rating on shares of Timbercreek Financial in a report on Wednesday, February 7th.
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