Timbercreek Mortgage Investment Corporation announces November 2009 dividend for TSX listed Class A shares
TORONTO, Nov. 20, 2009 (Canada NewsWire via COMTEX) --
Companies: Timbercreek Mortgage Investment Corp (TMC), TM Bioscience Corporate (TMC)
Toronto Stock Exchange: TMC
Timbercreek Mortgage Investment Corporation (the "Fund") is pleased to announce that its board of directors (the "Board") has declared a monthly dividend of $0.0680 per class A share of the Fund ("Class A Shares") to be paid on December 15, 2009 to holders of Class A Shares of record on November 30, 2009.
About the Fund
The Fund provides investors with an opportunity to receive attractive yields by investing indirectly, through holding shares of the Fund, in mortgage loan investments selected and determined to be high quality by its manager, Timbercreek Asset Management Inc. The investment objective of the Fund is, with a primary focus on capital preservation, to acquire and maintain a diversified portfolio of mortgage loan investments that generates attractive, stable returns in order to permit the Fund to pay monthly distributions to its shareholders.
%SEDAR: 00026881E
SOURCE: Timbercreek Mortgage Investment Corporation
Timbercreek Asset Management Inc., Sanjay Junnarkar, Investor Relations, (416) 306-9967 x266, sjunnarkar@timbercreekfunds.com
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Companies: Timbercreek Mortgage Investment Corp (TMC), TM Bioscience Corporate (TMC)
Related terms: acquisition, dividend, investment, mortgage, toronto
