Canada NewsWire
TORONTO , March 15, 2023 /CNW/ - First National Financial Corporation (TSX: FN) today announced its monthly dividend payment of $0.20 per common share for the period March 1 to March 31, 2023 . The dividend will be payable on April 14, 2023 , to shareholders of record at the close of business on March 31, 2023 .
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 January 1 to March 31 , 2023. The dividend of $0.180938 per Series 1 Preference Share and dividend of $0.382377 per Series 2 Preference Share will be payable on April 14, 2023 , to holders of record at the close of business on March 31, 2023 .
With respect to the Class A Series 2 Preference Shares, the dividend rate for the period April 1 to June 30, 2023 , has been set at 6.634%, 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 March 2023 will be eligible dividends, unless otherwise indicated.
About First National Financial Corporation
First 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 $131 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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