Timbercreek Financial Corp (TSE:TF) – Equities researchers at National Bank Financial reduced their FY2017 earnings estimates for shares of Timbercreek Financial Corp in a research note issued on Thursday. National Bank Financial analyst J. Gloyn now expects that the company will post earnings of $0.72 per share for the year, down from their previous estimate of $0.73. National Bank Financial has a “Outperform” rating and a $10.25 price objective on the stock. National Bank Financial also issued estimates for Timbercreek Financial Corp’s Q1 2018 earnings at $0.18 EPS and FY2018 earnings at $0.76 EPS.
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Timbercreek Financial Corp (TSE:TF) opened at C$9.60 on Monday. Timbercreek Financial Corp has a 52 week low of C$8.25 and a 52 week high of C$9.75.
The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 15th will be paid a $0.057 dividend. The ex-dividend date of this dividend is Monday, October 30th. This represents a $0.68 annualized dividend and a dividend yield of 7.13%. Timbercreek Financial Corp’s payout ratio is 24.43%.
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