19:36:04 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Trez Capital Mortgage Investment Corp
Symbol TZZ
Shares Issued 19,551,254
Close 2014-04-16 C$ 8.63
Market Cap C$ 168,727,322
Recent Sedar+ Documents

Trez Capital to pay 5.83-cent dividend May 15

2014-04-17 09:08 ET - News Release

Ms. Karyn Phuong reports

TREZ CAPITAL MORTGAGE INVESTMENT CORPORATION ANNOUNCES APRIL 2014 DIVIDEND

Trez Capital Mortgage Investment Corp.'s board of directors has declared a monthly dividend of 5.83 cents per Class A share of the company. The dividend will be paid on May 15, 2014, to holders of Class A shares of record on April 30, 2014. As of April 17, 2014, there were 19,551,254 Class A shares outstanding. The amount of the monthly dividends is equivalent to approximately 70 cents per Class A share per annum. This represents a current yield of 8.1 per cent based on the closing price of $8.62 of the Class A shares on April 16, 2014.

The company also offers a dividend reinvestment plan to eligible holders of Class A shares, that provides eligible holders of Class A shares of the corporation with a convenient means to purchase additional Class A shares by reinvesting their cash dividends at a potential discount to the current market price.

Shares for the reinvestment of dividends will be acquired in the open market at prevailing market rates or, if lower than the current market price, issued from treasury at the greater of net asset value per share and 95 per cent of the average market price. Average market price is defined in the plan to be the volume-weighted average trading price of Class A shares on the Toronto Stock Exchange during the 10 trading days ending on the third business day immediately prior to the dividend payment date on which at least a board lot of Class A shares is traded. Class A shares acquired under the plan will be automatically enrolled in the plan. Beneficial shareholders who hold their Class A shares through a broker, financial institution or other nominee must enroll for dividend reinvestment through their nominee holder.

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