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

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

First National Financial Price Performance

Shares of FN opened at C$38.31 on Wednesday. First National Financial has a fifty-two week low of C$32.86 and a fifty-two week high of C$41.41. The firm’s 50-day simple moving average is C$37.18 and its two-hundred day simple moving average is C$36.90. The stock has a market cap of C$2.30 billion, a PE ratio of 10.08, a price-to-earnings-growth ratio of 0.70 and a beta of 1.04. 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 (TSE:FN) last issued its quarterly earnings results on Tuesday, July 30th. The company reported C$0.89 EPS for the quarter, missing analysts’ consensus estimates of C$0.93 by C($0.04). The company had revenue of C$205.45 million during the quarter, compared to the consensus estimate of C$227.10 million. First National Financial had a return on equity of 30.22% and a net margin of 32.60%. Analysts anticipate that First National Financial will post 4.0384205 earnings per share for the current fiscal year.

Insider Buying and Selling

In other First National Financial news, insider FNSC Holdings Inc. purchased 41,145 shares of the stock in a transaction dated Wednesday, July 10th. The shares were purchased at an average cost of C$35.86 per share, with a total value of C$1,475,459.70. 71.45% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

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