First National Financial Corp (FN) to Issue Monthly Dividend of $0.15

First National Financial Corp (TSE:FN) declared a monthly dividend on Friday, December 15th, Zacks reports. Investors of record on Friday, December 29th will be given a dividend of 0.154 per share on Monday, January 15th. This represents a $1.85 dividend on an annualized basis and a yield of 6.54%. The ex-dividend date of this dividend is Thursday, December 28th.

First National Financial (TSE FN) traded down C$0.15 during trading hours on Friday, reaching C$28.25. The company had a trading volume of 10,100 shares, compared to its average volume of 33,463. First National Financial has a twelve month low of C$22.18 and a twelve month high of C$30.02. The firm has a market cap of $1,710.00, a price-to-earnings ratio of 7.34 and a beta of 0.75.

In other First National Financial news, Director Stephen Smith purchased 4,600 shares of First National Financial stock in a transaction on Friday, October 13th. The stock was bought at an average price of C$26.87 per share, for a total transaction of C$123,602.00.

A number of research firms recently issued reports on FN. National Bank Financial lowered First National Financial from a “sector perform” rating to an “underperform” rating and boosted their price objective for the company from C$23.50 to C$25.00 in a research report on Monday, October 23rd. TD Securities boosted their price objective on First National Financial from C$27.00 to C$28.00 and gave the company a “hold” rating in a research report on Thursday, October 26th.

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About First National Financial

First National Financial Corporation is a Canada-based parent company of First National Financial LP (FNFLP), which is an originator, underwriter and servicer of prime residential (single-family and multi-unit) and commercial mortgages. The Company operates through two segments: Residential (which includes single-family residential mortgages) and Commercial (which includes multi-unit residential and commercial mortgages).

Dividend History for First National Financial (TSE:FN)

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