The 6ix Capital Group Announces 2 dividend payments to shareholders for month end October 2018


TORONTO, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Audited year end results for The 6ix Capital Corp indicate that the mortgage investment corporation returned 9.2% to its shareholders for the fiscal year ended June 30, 2018.

On October 25th, 2018 The 6ix Capital Group announced 2 separate dividends for investors pertaining to their mortgage investment corporation, The 6ix Capital MIC.

A quarterly pro-rated dividend of 17.5 cents per $10 share will be issued on October 31st. Additionally, a year-end pro-rated bonus dividend of 21.9 cents per $10 share was issued on October 25th.

“We are pleased with the return to investors in our first fiscal year. We see many opportunities for growth in the secondary mortgage market and anticipate that our Corporation will enjoy similar success going forward,” said Scott Roberts, the VP of Business Development for The 6ix Capital Group.

About The 6ix Capital Group Corporation

The 6ix Capital Group Corporation manages 6ix Lending MIC, a private Canadian non-bank lender that invests in a diversified portfolio of quality real estate loans on houses in the Greater Toronto Area. 6ix Lending fills the mortgage funding gap for borrowers that do not meet the rigid internal and growing list of government mandated qualifications required by the limited number of banks and financial institutions operating in Canada. 6ix Lending MIC is not constrained by these factors and is able to analyze a mortgage based on its pure economic merits to deliver customized solutions that address the borrowers’ needs. 6ix Lending MIC is managed by experts in the real estate and real estate lending industry that have decades of combined and complementary experience. Our investment objective is to preserve the capital we invest and grow a diversified portfolio of real estate secured loans to pay tax efficient stable dividends with an aim to maximize dividends paid via effective management of the loan portfolio for an annual target yield of +9.5%.

Contact The 6ix Capital Group Corporation
Scott Roberts
The 6ix Capital Group
200 Adelaide St West, Suite 400
Toronto, ON M5H 1Wt
416.596.6699 x 401
sroberts@the6ixcapitalgroup.com

This release is for informational purposes only. It does not constitute an offering memorandum and is not, and under no circumstances is to be construed as, a solicitation to invest in the securities described herein. The 6ix Capital Group Corporation makes its offering of shares solely through registered dealers. Please request a referral to a registered dealer in your province.