First National Financial Co. Announces Annual Dividend of $0.71 (TSE:FN)

First National Financial Co. (TSE:FN) declared an annual dividend on Tuesday, October 29th,Zacks Dividends reports. Shareholders of record on Friday, November 29th will be paid a dividend of 0.708 per share on Friday, December 13th. This represents a dividend yield of 1.71%. The ex-dividend date of this dividend is Friday, November 29th.

First National Financial Price Performance

Shares of TSE FN opened at C$44.65 on Thursday. The company has a debt-to-equity ratio of 6,280.61, a current ratio of 8.92 and a quick ratio of 10.11. The company has a market cap of C$2.68 billion, a PE ratio of 11.75, a P/E/G ratio of 0.70 and a beta of 1.04. The stock has a fifty day moving average price of C$40.82 and a 200 day moving average price of C$38.12. First National Financial has a 1-year low of C$35.15 and a 1-year high of C$45.10.

Insider Transactions at First National Financial

In other news, insider FNSC Holdings Inc. bought 25,774 shares of the business’s stock in a transaction that occurred on Monday, October 7th. The stock was purchased at an average price of C$38.81 per share, with a total value of C$1,000,288.94. Insiders acquired a total of 147,553 shares of company stock valued at $6,146,094 in the last ninety days. Corporate insiders own 71.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on FN shares. TD Securities increased their price target on shares of First National Financial from C$42.00 to C$46.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. National Bankshares raised their price target on First National Financial from C$41.00 to C$42.00 and gave the company a “sector perform” rating in a report on Wednesday, October 30th. Finally, CIBC upped their price objective on First National Financial from C$40.00 to C$44.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of C$42.67.

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.