Canwealth Announcement: Dividend for the third quarter of 2017

Canwealth Announcement: Dividend for the third quarter of 2017

by canwealthmic

Dear Canwealth MIC Investors:

We are pleased to inform you that Canwealth has declared a dividend distribution for shareholders. The cumulative amount of investment in 2017 has reached more than 20 million, and Canwealth mortgage amount has reached more than $30 million. The dividend period is from June 1, 2017 to August 31, 2017, for a total of 92 days. As of August 31, 2017, the highest dividend yield is 8.50% (compound).

Investment for Canwealth mortgage starts from $50,000. We distribute quarterly dividend in February, May, August, and November each year. For more inquiries, please call 778-751-8888 or send email to info@canwealthmic.com.

Dividend Information Disclosure:

-If you choose to receive quarterly dividend payout, the dividend for the quarter will be automatically credited to your designated bank account or a cheque will be sent to you by mail. The investment details will also be sent to your designated e-mail.

-If you choose the dividend reinvestment option, the dividend will be added to the principal amount, allowing your investment to enjoy compound interest growth. Your investment updates will be sent to your designated e-mail.

Investor Customer Account Login:

Please enter the account number and password provided to you. After the login is successful, you can get the account information and balance. If you forget your login or password, please feel free to contact us.

Financial data analysis:

Canwealth’s objective is to maximize the benefits for the shareholders, so we have been implementing a conservative underwriting and diligent mortgage servicing, resulting in a diversified mortgage portfolio. Our typical loan interest rate is between 9.5% and 12%, and the amount of a single loan is usually between $ 300,000 and $ 6 million. Our risk parameters are relatively conservative: the average Loan to Value ratio (LTV) is maintained below 70%, the proportion of residential mortgages account for 73%, and the weighted average lending rate is 9.78%.

The weighted average of the LTV is 55.17%.

 

Finally, we sincerely thank you for your business, your trust and your confidence!

Canwealth Mortgage Investment Team

 

 

 

 

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