TORONTO, Sept. 15, 2020 /CNW/ - First National
Financial Corporation (TSX: FN) today announced its monthly
dividend payment of $0.1625 per
common share for the period September 1 to
September 30, 2020. The dividend will be payable on
October 15, 2020 to shareholders of
record at the close of business on September
30, 2020.
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,
2020. The dividend of $0.174375
per Series 1 Preference Share and dividend of $0.146107 per Series 2 Preference Share will be
payable on October 15, 2020 to
holders of record at the close of business on September 30, 2020.
With respect to the Class A Series 2 Preference Shares, the
dividend rate for the period October 1 to
December 31, 2020 has been set at 2.215%, 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 $114 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