TORONTO, March 15,
2022 /CNW/ - First National Financial Corporation
(TSX: FN) today announced its monthly dividend payment of
$0.195833 per common share for the
period March 1 to March 31, 2022. The
dividend will be payable on April 15,
2022 to shareholders of record at the close of business on
March 31, 2022.
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 January 1 to March 31,
2022. The dividend of $0.180938
per Series 1 Preference Share and dividend of $0.135555 per Series 2 Preference Share will be
payable on April 15, 2022 to holders
of record at the close of business on March
31, 2022.
With respect to the Class A Series 2 Preference Shares, the
dividend rate for the period April 1 to June
30, 2022 has been set at 2.685%, 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
March 2022 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 $123 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