TORONTO, Sept. 15,
2023 /CNW/ - First National Financial Corporation
(TSX: FN) today announced its monthly dividend payment of
$0.20 per common share for the period
September 1 to September 30, 2023.
The dividend will be payable on October 16,
2023, to shareholders of record at the close of business on
September 29, 2023.
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,
2023. The dividend of $0.180938
per Series 1 Preference Share and dividend of $0.417970 per Series 2 Preference Share will be
payable on October 16, 2023, to
holders of record at the close of business on September 29, 2023.
With respect to the Class A Series 2 Preference Shares, the
dividend rate for the period October 1 to
December 31, 2023, has been set at 7.227%, as determined in
accordance with the terms of the Series 2 Preference
Shares.
First National, for the purposes of the Income Tax Act
(Canada) and any similar
provincial legislation, advises that its dividends declared in
September 2023 will be eligible
dividends, unless otherwise indicated.
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 $137
billion in mortgages under administration, First National is
one of Canada's largest non-bank
originators and underwriters 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