First National Financial Corp T.FN.PR.B

Primary Symbol: T.FN Alternate Symbol(s): FNLIF | T.FN.PR.A

First National Financial Corporation is the parent company of First National Financial LP, a Canadian originator, underwriter and servicer of predominantly prime residential (single-family and multi-unit) and commercial mortgages. The Company's segments include Residential and Commercial. The Residential segment includes single-family residential mortgages. The Commercial segment includes multi-unit residential and commercial mortgages. Its commercial mortgage solutions include mortgage solutions and commercial servicing. Its mortgage solutions include retail, multi-family residential, office, industrial, storage, student housing, mixed-use and land. Its commercial servicing includes mortgage servicing, financial requirements, undertaking, insurance requirements, property tax, pre-payments and banking changes, and annual compliance forms. Residential Mortgage solutions include home buyers, customers and My Mortgage by First National. The Company offers mortgage brokers solutions.

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First National Financial Corp > Yeah! Another special dividend - 2021 dividend yield of 7.8%

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Comment by porksnifferon Oct 26, 2021 8:35pm

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RE:Yeah! Another special dividend - 2021 dividend yield of 7.8%

The dividend is a nice gift but the earnings were shitt. Net income down, despite MUA increase. Margin compression as the cost of funding increased and housing market is slowing down. Payout ratio has risen to 74%. Second quarter of declining earnings. Price was not behaving well the past 2 weeks. Stock will take a hit tomorrow hope the dividend limits the downside.

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