First National Financial Co. (TSE:FN) Announces Monthly Dividend of $0.20

First National Financial Co. (TSE:FN) announced a monthly dividend on Monday, September 16th, Zacks reports. Stockholders of record on Friday, September 27th will be given a dividend of 0.204 per share on Tuesday, October 15th. This represents a $2.45 dividend on an annualized basis and a dividend yield of 6.39%. The ex-dividend date of this dividend is Friday, September 27th.

First National Financial Stock Up 0.0 %

Shares of TSE FN traded up C$0.01 during mid-day trading on Wednesday, reaching C$38.32. The company had a trading volume of 1,513 shares, compared to its average volume of 30,646. The company has a market capitalization of C$2.30 billion, a price-to-earnings ratio of 10.08, a PEG ratio of 0.70 and a beta of 1.04. The stock has a fifty day moving average of C$37.18 and a two-hundred day moving average of C$36.90. The company has a debt-to-equity ratio of 6,280.61, a quick ratio of 10.11 and a current ratio of 8.92. First National Financial has a 12-month low of C$32.86 and a 12-month high of C$41.41.

First National Financial (TSE:FN) last issued its quarterly earnings data on Tuesday, July 30th. The company reported C$0.89 earnings per share for the quarter, missing the consensus estimate of C$0.93 by C($0.04). The business had revenue of C$205.45 million for the quarter, compared to the consensus estimate of C$227.10 million. First National Financial had a net margin of 32.60% and a return on equity of 30.22%. As a group, equities research analysts expect that First National Financial will post 4.0384205 EPS for the current year.

Insider Activity

In other news, insider FNSC Holdings Inc. purchased 41,145 shares of the company’s stock in a transaction dated Wednesday, July 10th. The shares were bought at an average price of C$35.86 per share, with a total value of C$1,475,459.70. Insiders own 71.45% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Scotiabank raised their price objective on shares of First National Financial from C$41.00 to C$44.00 in a research report on Wednesday, July 24th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of C$40.67.

About First National Financial

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.