Firm Capital Mortgage Investment Corp (FCMGF) 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. depositphotos 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.Firm Capital Mortgage Investment Corporation was founded in 1988 and is based in Toronto, Canada.Three key data points gauge Firm Capital or any dividend paying firm.The key three are:(1) Price(2) Dividends(3) ReturnsThose three keys also best tell whether any company has made, is making, and will make money. FCMGF PriceOver the past year, Firms share price rose about 8.1% from $7.76 to $8.39 as of Tuesday’s market close. In the past fourteen years the company’s share price has never been less than $5.58 nor more than $13.91If FMCGF shares trade in the range of $7.00 to $10.00 this next year, the recent $8.39 share price might rise by $0.51 to $8.90 in a year. Of course, FMCGF price could also drop about the same $0.51 estimated amount, or more.My $0.51 upside estimate is $0.03 below the annual gain over the past year. FMCGF DividendFirm shows monthly variable dividends paid since January 2013. The most recent $0.578 M dividend was declared August 9th for shareholders of record November 29th and is payable December 16th. That forward looking $.66 annual dividend yields 8.27% at Friday’s closing price. There’s time to get in on this one. FMCGF ReturnsPutting it all together, a $1.20 estimated one year gross gain per share shows up when adding Firm Capital’s  $0.69 estimated annual dividend to the estimated price upside of $0.51, equaling that $1.20 gross gain per share.A little over $1000 buys us 119 shares at the $8.90 share price.A $10 broker fee (if charged), paid half at purchase and half at sale, might take about $0.084 per share out of the $1.20 annual estimated gross-gain to give us a net gain of $1.116 X 119 shares = $132.80 for about a 13.3% estimated net gain for the year.Furthermore, the $82.70 annual dividend income from $1K invested is almost 10 times more than Firm Capitals $8.39 single share price. By these numbers, Firm Capital may be an ideal dividend dog.You might choose to pounce on Firm Capital Investment Corp. It is a 36 year-old monthly dividend-paying Toronto-based mortgage snd investment firm with almost a 22 year record paying monthly dividends.The exact track of FCMGF future price and dividend will entirely be determined by market action.Remember the true value of any stock is best realized through personal ownership of shares.More By This Author:Current Report: Atrium Mortgage
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