First National Financial Co. (TSE:FN) Announces Monthly Dividend of $0.20

First National Financial Co. (TSE:FN) declared a monthly dividend on Monday, April 15th, TickerTech reports. Stockholders of record on Tuesday, April 30th will be given a dividend of 0.2042 per share on Wednesday, May 15th. This represents a $2.45 annualized dividend and a dividend yield of 6.55%. The ex-dividend date of this dividend is Monday, April 29th. This is an increase from First National Financial’s previous monthly dividend of $0.20.

First National Financial Stock Down 0.5 %

Shares of TSE FN traded down C$0.20 during midday trading on Wednesday, hitting C$37.41. 1,867 shares of the company’s stock were exchanged, compared to its average volume of 32,357. The firm’s fifty day simple moving average is C$38.30 and its 200-day simple moving average is C$37.87. The company has a market cap of C$2.24 billion, a PE ratio of 9.06, a P/E/G ratio of 0.70 and a beta of 1.10. First National Financial has a twelve month low of C$32.86 and a twelve month high of C$41.80. The company has a debt-to-equity ratio of 6,070.47, a current ratio of 10.29 and a quick ratio of 10.11.

First National Financial (TSE:FN) last released its quarterly earnings data on Tuesday, March 5th. The company reported C$0.72 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.22 by C$0.50. First National Financial had a net margin of 33.65% and a return on equity of 35.19%. The company had revenue of C$199.30 million for the quarter, compared to analysts’ expectations of C$164.10 million. Research analysts predict that First National Financial will post 3.8981289 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Scotiabank upped their price objective on shares of First National Financial from C$44.00 to C$45.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 31st. Royal Bank of Canada boosted their price objective on First National Financial from C$42.00 to C$43.00 in a research note on Thursday, January 4th. TD Securities raised their target price on shares of First National Financial from C$41.00 to C$44.00 and gave the stock a “hold” rating in a research report on Thursday, March 7th. Finally, BMO Capital Markets reduced their price target on shares of First National Financial from C$44.00 to C$41.00 and set a “market perform” rating for the company in a research report on Thursday, March 7th. Six equities research analysts have rated the stock with a hold rating, According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of C$41.83.

First National Financial Company Profile

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