TORONTO , Dec. 13, 2024 /CNW/ – First National Financial Corporation (TSX: FN) today announced its monthly dividend payment of $0.208334 per common share for the period December 1 to December 31, 2024 . The dividend will be payable on January 15, 2025 , to shareholders of record at the close of business on December 31, 2024 .
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 October 1 to December 31 , 2024. The dividend of $0.180938 per Series 1 Preference Share and dividend of $0.394330 per Series 2 Preference Share will be payable on January 15, 2025 , to holders of record at the close of business on December 31, 2024 .
With respect to the Class A Series 2 Preference Shares, the dividend rate for the period January 1 to March 31, 2025 , has been set at 5.551%, 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 December 2024 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 $150 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
