TORONTO, March 15, 2017 /CNW/ - First National Financial
Corporation (TSX: FN) today announced its monthly dividend
payment of $0.154167 per common share
for the period March 1 to March 31,
2017. The dividend will be payable on April 17, 2017 to shareholders of record at the
close of business on March 31,
2017.
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,
2017. The dividend of $0.174375
per Series 1 Preference Share and dividend of $0.158979 per Series 2 Preference Share will be
payable on April 17, 2017 to holders
of record at the close of business on March
31, 2017.
With respect to the Class A Series 2 Preference Shares, the
dividend rate for the period April 1 to June
30, 2017 has been set at 2.55%, as determined in accordance
with the terms of the Series 2 Preference Shares.
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 almost $100
billion in mortgages under administration, First National is
Canada's largest non-bank
originator and underwriter 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