First National Financial Corp (FN) to Issue Monthly Dividend of $0.15 on January 15th

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

Shares of First National Financial (FN) traded down C$0.15 during mid-day trading on Wednesday, hitting C$28.25. 10,076 shares of the stock traded hands, compared to its average volume of 33,463. The firm has a market cap of $1,690.00, a PE ratio of 7.34 and a beta of 0.75. First National Financial has a 1 year low of C$22.18 and a 1 year high of C$30.02.

In related news, Director Stephen Smith bought 7,260 shares of the firm’s stock in a transaction on Thursday, December 14th. The shares were bought at an average price of C$27.90 per share, with a total value of C$202,554.00.

FN has been the topic of a number of recent analyst reports. TD Securities upped their target price on shares of 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. National Bank Financial upped their target price on shares of First National Financial from C$23.50 to C$25.00 and gave the company an “underperform” rating in a research report on Tuesday, October 24th.

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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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