Canada NewsWire
TORONTO , June 17, 2024 /CNW/ - First National Financial Corporation (TSX: FN) today announced its monthly dividend payment of $0.204167 per common share for the period June 1 to June 30, 2024 . The dividend will be payable on July 15, 2024 , to shareholders of record at the close of business on June 28, 2024 .
The Company also announced the quarterly dividend on its Class A Series 1 Preference Shares ("Series 1 Preference Shares") and Class A Series 2 Preference Shares ("Series 2 Preference Shares") for the period April 1 to June 30 , 2024. The dividend of $0.180938 per Series 1 Preference Share and dividend of $0.438279 per Series 2 Preference Share will be payable on July 15, 2024 , to holders of record at the close of business on June 28, 2024 .
With respect to the Class A Series 2 Preference Shares, the dividend rate for the period July 1 to September 30, 2024 , has been set at 6.942%, as determined in accordance with the terms of the Series 2 Preference Shares.
First National, for the purposes of the Income Tax Act ( Canada ) and any similar provincial legislation, advises that its dividends declared in June 2024 will be eligible dividends, unless otherwise indicated.
About First National Financial CorporationFirst National Financial Corporation ( TSX:FN, TSX:FN.PR.A, TSX:FN.PR.B ) is the parent company of First National Financial LP, a Canadian-based originator, underwriter and servicer of predominantly prime residential (single-family and multi-unit) and commercial mortgages. With more than $145 billion in mortgages under administration, First National is one of Canada's largest non-bank originators and underwriters of mortgages and is among the top three in market share in the mortgage broker distribution channel. For more information, please visit www.firstnational.ca .
SOURCE First National Financial Corporation
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