Firm Capital Mortgage Investment (TSX:FC) Dividend Payout Ratio : 0.95 (As of Mar. 2024)

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What is Firm Capital Mortgage Investment Dividend Payout Ratio?

Firm Capital Mortgage Investment's dividend payout ratio for the months ended in Mar. 2024 was 0.95.

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.

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

TSX:FC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.95 Med: 0.98 Max: 1.03
Current: 0.96

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.

TSX:FC's Dividend Payout Ratio is ranked worse than
93.89% of 1096 companies
in the Banks industry
Industry Median: 0.35 vs TSX:FC: 0.96

As of today (2024-05-21), the Dividend Yield % of Firm Capital Mortgage Investment is 8.50%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Firm Capital Mortgage Investment was 10.09%. The lowest was 6.07%. And the median was 7.34%.

Firm Capital Mortgage Investment's Dividends per Share for the months ended in Mar. 2024 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 Payout Ratio Historical Data

The historical data trend for Firm Capital Mortgage Investment's Dividend Payout Ratio 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 Payout Ratio Chart

Firm Capital Mortgage Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.98

1.03

0.99

1.01

0.95

Firm Capital Mortgage Investment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.97	0.96	0.95	0.97	0.95

Competitive Comparison of Firm Capital Mortgage Investment's Dividend Payout Ratio

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

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

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

Firm Capital Mortgage Investment Dividend Payout Ratio Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.936	/	0.984
	=	0.95

Firm Capital Mortgage Investment's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.234	/	0.247
	=	0.95

Firm Capital Mortgage Investment (TSX:FC) Dividend Payout Ratio Explanation

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.

Firm Capital Mortgage Investment Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Firm Capital Mortgage Investment's Dividend Payout Ratio 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 Payout Ratio

Comparable Companies

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.

Executives

Ryan Lim

Senior Officer