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
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 $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