First National Financial Co. (TSE:FN) to Issue $0.20 Monthly Dividend

First National Financial Co. (TSE:FNGet Rating) announced a monthly dividend on Wednesday, June 15th, Zacks reports. Investors of record on Thursday, June 30th will be paid a dividend of 0.196 per share on Friday, July 15th. This represents a $2.35 annualized dividend and a yield of 7.18%. The ex-dividend date of this dividend is Wednesday, June 29th.

First National Financial stock opened at C$32.75 on Friday. The business has a 50 day simple moving average of C$36.85 and a 200 day simple moving average of C$40.17. First National Financial has a one year low of C$32.60 and a one year high of C$50.99. The company has a market capitalization of C$1.96 billion and a PE ratio of 10.18. The company has a debt-to-equity ratio of 6,312.47, a current ratio of 8.51 and a quick ratio of 8.32.

First National Financial (TSE:FNGet Rating) last posted its earnings results on Tuesday, April 26th. The company reported C$0.88 earnings per share for the quarter. The business had revenue of C$350.32 million for the quarter. Equities analysts anticipate that First National Financial will post 3.4800001 earnings per share for the current fiscal year.

FN has been the subject of several recent research reports. Scotiabank cut their price target on First National Financial from C$44.00 to C$42.00 in a research note on Tuesday, April 26th. BMO Capital Markets dropped their price target on First National Financial from C$43.00 to C$38.00 in a research note on Thursday, April 28th. National Bankshares dropped their price target on First National Financial from C$46.00 to C$39.00 and set a “sector perform” rating for the company in a research note on Tuesday, April 26th. CIBC dropped their price target on First National Financial from C$45.00 to C$43.00 in a research note on Tuesday, April 26th. Finally, TD Securities dropped their price target on First National Financial from C$42.00 to C$37.00 and set a “hold” rating for the company in a research note on Thursday, April 28th. Six analysts have rated the stock with a hold rating, According to data from MarketBeat, First National Financial presently has a consensus rating of “Hold” and a consensus price target of C$41.71.

In other First National Financial news, insider FNSC Holdings Inc. purchased 13,613 shares of the company’s stock in a transaction that occurred on Tuesday, April 19th. The shares were acquired at an average price of C$40.41 per share, with a total value of C$550,101.33. Following the transaction, the insider now owns 7,736,327 shares in the company, valued at C$312,624,974.07.

About First National Financial (Get Rating)

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. The company operates in two segments, Residential and Commercial segments. It offers single-family residential, and multi-unit residential and commercial mortgages.

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Dividend History for First National Financial (TSE:FN)

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