TII dividend yield calculator – Terra Firma Capital Corp Announces 0.06 Cash Dividend
March 29, 2023
Dividends Yield
On March 28 2023, Terra Firma Capital ($TSXV:TII) Corp announced a 0.06 cash dividend per share. In the past three years, TERRA FIRMA CAPITAL has issued dividends at 0.19, 0.17 and 0.15 USD per share respectively, each yielding 4.33%, 3.48% and 4.23%. This brings the average dividend yield to 4.01%.
If you are looking for stocks that offer dividend payments, then TERRA FIRMA CAPITAL is one option that you may want to consider. An upcoming ex-dividend date is set for March 30 2023, so this important information should be taken into account when making an investment decision.
Market Price
The announcement saw TERRA FIRMA CAPITAL’s stock open at CA$5.9 and close at CA$6.2, up by 3.0% from its previous closing price of CA$6. This dividend payment will contribute to long-term value creation for all shareholders, while providing a steady and reliable source of income in the short-term. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for TII. More…
| Total Revenues | Net Income | Net Margin |
| – | 2.67 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for TII. More…
| Operations | Investing | Financing |
| 0.95 | 18.61 | -8.93 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for TII. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 142.6 | 98.44 | – |
Key Ratios Snapshot
Some of the financial key ratios for TII are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.4% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – TII Stock Fair Value
GoodWhale conducted an analysis of TERRA FIRMA CAPITAL’s wellbeing and found that the fair value of TERRA FIRMA CAPITAL shares is around CA$5.7. This was calculated using our proprietary Valuation Line. Currently, TERRA FIRMA CAPITAL shares are traded at CA$6.2, which is a fair price but it is overvalued by 8.8%. More…
Peers
The competition between Terra Firma Capital Corp and its competitors, Firm Capital Mortgage Investment Corp, Timbercreek Financial Corp, and Builders Capital Mortgage Corp, is fierce. These four companies strive to achieve the highest returns in the residential mortgage investment sector and have become some of the top names in the industry. As they continuously compete to build market share, they are constantly pushing each other to innovate and offer more attractive products and services.
– Firm Capital Mortgage Investment Corp ($TSX:FC)
Firm Capital Mortgage Investment Corp is a Canada-based company that provides mortgage products including first and second mortgages, multi-unit residential and commercial mortgages, construction loans, and bridge financing. The company’s market cap as of 2023 is 381.4M and has been steadily increasing since its initial public offering in October 2017. This increase in market capitalization indicates that the company’s stock is in demand and investors are confident in the company’s potential to generate long-term gains. Firm Capital Mortgage Investment Corp is well-positioned to capitalize on the Canadian real estate market and its various mortgage products are designed to provide investors with reliable returns.
– Timbercreek Financial Corp ($TSX:TF)
Timbercreek Financial Corp has a market cap of 666.01M as of 2023. Timbercreek Financial Corp is a Canadian-based investment company that provides a variety of real estate and financial services, such as mortgage lending, asset management, and private equity investments. The company has an experienced and knowledgeable management team that takes a long-term approach to investments, striving to create attractive returns for its shareholders. In addition to managing its own portfolio, Timbercreek provides loan origination and securitization services to other lenders. This diversified approach helps the company sustain its growth and profitability in the face of ever-changing market conditions.
– Builders Capital Mortgage Corp ($TSXV:BCF)
Builders Capital Mortgage Corp is a publicly traded mortgage real estate investment trust (REIT) that was founded in 2018. As of 2023, its market cap had grown to 28.57M. The company focuses on providing non-recourse loans to residential homebuilders in the United States. It also acquires, invests in, and manages a portfolio of residential mortgage loans, non-performing loans, and other related investments. The company has achieved impressive growth in its market cap in recent years, reflecting the ongoing strength of the housing market in the United States.
Summary
Investing in TERRA FIRMA CAPITAL has been a steady choice for investors, with the company having issued dividends at 0.19, 0.17 and 0.15 USD per share in the past three years. Yields have been positive, with the average dividend yield being 4.01%. With a consistent dividend history, TERRA FIRMA CAPITAL offers stability and moderate returns for investors. The company’s financial health and current market conditions should be closely monitored to determine whether or not to invest in the company.
