Wednesday, November 21, 2012

TMC - Timbercreek Mortgage Investment Corporation November 2012 Dividend (CAD 0.063)

Company: Timbercreek Mtg Inv Corp
Stock Name: TMC
Amount: CAD 0.063
Announcement Date: 21/11/2012
Record Date: 28/11/2012

Dividend Detail:




Toronto Stock Exchange: TMC



TORONTO, Nov. 21, 2012 /CNW/ - Timbercreek Mortgage Investment
Corporation (the "Fund") is pleased to announce that its board of
directors (the "Board") has declared a monthly dividend of $0.063 per
class A share ("Class A Shares") and $0.067 per class B share ("Class B
Shares") of the Fund to be paid on December 14, 2012 to holders of
Class A Shares or Class B Shares of record on November 30, 2012.



The Fund also offers a Dividend Reinvestment Plan (the "Plan") to
eligible holders of Class A Shares, that provides a convenient means to
purchase additional Class A Shares by reinvesting their cash dividends
at a potential discount and without having to pay commissions, service
charges or brokerage fees.



At the discretion of the Board of the Fund, Class A Shares for the
reinvestment of distributions will be acquired in the open market at
prevailing prices or issued from treasury at 95 percent of the average
market price.�� At this time, the Board confirms that the Fund will
continue to issue shares from treasury until such time as the Board
elects otherwise.�� Class A Shares acquired under the Plan will be
automatically enrolled in the Plan. Shareholders who hold their Class A
Shares through a broker, financial institution or other nominee must
enroll for distribution reinvestment through their nominee holder.



As of November 21, 2012 there were 34,504,837 Class A Shares outstanding
and 3,760,097 Class B Shares outstanding.



The full text of the Plan can be obtained on the Timbercreek website at www.timbercreek.com.



About the Fund



The Fund provides investors with an opportunity to receive attractive
yields by investing indirectly, through holding shares of the Fund, in
mortgage loan investments selected and determined to be high quality by
its manager, Timbercreek Asset Management Ltd.�� The investment
objective of the Fund is, with a primary focus on capital preservation,
to acquire and maintain a diversified portfolio of mortgage loan
investments that generates attractive, stable returns in order to
permit the Fund to pay monthly distributions to its shareholders.



SOURCE: Timbercreek Mortgage Investment Corporation







For further information:

Timbercreek Asset Management Ltd.
Carrie Morris
Investor Relations
416.306.9967 x250
cmorris@timbercreek.com









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