TORONTO, March 15, 2019 /CNW/ - First National
Financial Corporation (TSX: FN) today announced its monthly
dividend payment of $0.158333 per
common share for the period March 1 to March
31, 2019. The dividend will be payable on April 15, 2019 to shareholders of record at the
close of business on March 29,
2019.
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,
2019. The dividend of $0.174375
per Series 1 Preference Share and dividend of $0.233199 per Series 2 Preference Share will be
payable on April 15, 2019 to holders
of record at the close of business on March
29, 2019.
With respect to the Class A Series 2 Preference Shares, the
dividend rate for the period April 1 to June
30, 2019 has been set at 3.752%, 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 more than $106 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