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TIMIA Capital ( (TSE:MONT) ) just unveiled an announcement.
Montfort Capital Corp. has announced a pause on dividends for its Series A Class A and Series 1 Class C Preferred Shares as part of its ongoing restructuring efforts. This decision aims to preserve capital and ensure financial flexibility, with the company having undertaken significant restructuring activities, including the sale of business units and cost reductions. These efforts are expected to result in a more stable and profitable portfolio, supporting Montfort’s strategic growth objectives.
More about TIMIA Capital
Montfort Capital Corp. is a provider of focused private credit strategies catering to institutional investors, family offices, and wealth managers. The company leverages focused strategies, experienced management teams, and advanced technology to deliver superior risk-adjusted investment returns.
YTD Price Performance: 25.00%
Average Trading Volume: 68,500
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$4.99M
Find detailed analytics on MONT stock on TipRanks’ Stock Analysis page.