TORONTO, Sept. 16, 2019 /CNW/ - First National Financial
Corporation (TSX: FN) today announced its monthly dividend
payment of $0.158333 per common share
for the period September 1 to September 30,
2019. The dividend will be payable on October 15, 2019 to shareholders of record at the
close of business on September 30,
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 July 1 to September 30, 2019.
The dividend of $0.174375 per Series
1 Preference Share and dividend of $0.236742 per Series 2 Preference Share will be
payable on October 15, 2019 to
holders of record at the close of business on September 30, 2019.
With respect to the Class A Series 2 Preference Shares, the
dividend rate for the period October 1 to
December 31, 2019 has been set at 3.708%, 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 $109 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