Trade tensions were intensified in 2025, which slows down worldwide economic growth. Uncertainty is the theme of the current environment and the password of most economists. Fortunately, the Canadian domestic shares have remained resilient, with a minimum impact of commercial shocks or turbulence.
The TSX has risen +17.53% so far and will continue to post new record heights to start September. In particular, the values of the tax -free savings account (TFSA) also increase according to the latter BMO Investment research. Why? Many Canadians are concerned about the economy and the potential for a recession.
Income for certainty
This is a good time to take advantage of the bullish sentiment and to use the TFSA for income security. Ten of the 11 primary sectors of TSX have so far a positive return in 2025. Canadians can choose from various high -quality shares that pay for dividends. However, if you are looking for monthly payments, Firm Capital MortGage Investment Corporation (TSX: FC) is today the perfect TFSA stock.
Royal Dividend Payer
Sturdy capital is suitable for income -oriented investors due to the ultra -high yield. For $ 12.17 per share, the dividend offer is a generous 7.69%. Your $ 7,000 Limit contribution in 2025 can buy 575 shares and generate $ 44.86 in monthly tax -free income. Assuming your available contribution space is $ 21,000, the monthly payment is $ 134.58.
Main philosophy
This non-banking lender of $ 447 million mainly invests in short-term and commercial real estate mortgage loans, as well as real estate-related debt investments. The most important philosophy of the company is to maintain the equity of the shareholders. It undertakes to deliver stable monthly income flows.
The investment portfolio of Firm Capital is diversified on a large scale. It focuses on selected real estate markets that are less susceptible to economic and market insecurity. Traditional banks or large financial institutions do not serve these markets. The MIC concentrates on short -term, first mortgages and participates in loan syndications to reduce exposure. Management gives priority to security above the size of the portfolios.
As a provider of real estate capital, the credit programs of Firm Capital residential and commercial real estate markets include not to mention the programs for Mezzanine and Joint Venture. Builders, developers and owners of investments can use other services such as construction, bridge, equity and conventional real estate financing.
Financial highlights
In the first half of 2025, sales fell by 1.6% to $ 32.8 million from a year ago, while the income of bets increased by 14.9% year to year to $ 19.6 million. From June 30, 2025, the weighted average portfolio size is $ 638 million. For 2025, the weighted average interest rate 9.93% is compared to 10.77% in 2024.
The short -term character of the investment portfolio enables company capital to repeatedly run the portfolio and to adapt to changes in the real estate market. At the end of July 2025, 88.9% of the mortgage portfolio consists of conventional first mortgages.
Impressive dividend history
Firm Capital has consistently paid dividends to its shareholders. Based on the company’s dividend history, the share of the small caps has never missed a monthly dividend payment since February 2000. It also pays special dividends at the end of the year, depending on or depending on the financial performance.
In 2024 the dividend reached $ 0.992 per share, including a special dividend of $ 0.056. TFSA investors can include FC in their share portfolio for income certainty in the midst of economic uncertainties.
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