TORONTO, June 15, 2016 /CNW/ - First National Financial
Corporation (TSX: FN) today announced its monthly dividend
payment of $0.141667 per common share
for the period June 1 to June 30,
2016. The dividend will be payable on July 15, 2016 to shareholders of record at the
close of business on June 30,
2016.
The Company also announced its 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,
2016. The dividend of $0.174375
per Series 1 Preference Share and dividend of $0.157816 per Series 2 Preference Share will be
payable on July 15, 2016 to holders
of record at the close of business on June
30, 2016.
With respect to the Class A Series 2 Preference Shares, the
dividend rate for the period July 1 to
September 30, 2016 has been set at 2.621%, 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 over $94
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