North American Financial 15 Split Corp T.FFN

Time to leave FFN?

[zappy33]

Hi.
I have 15,000 shares FFN A.
Have them as a dividend income.
No dividend for what, almost a year?
Thinking of bailing and buying BK.
Is FFN going to make dividend territory this year?
BK wise choice for dividend income?
Thanks

[NoShoesNoShirt]

FFN has had a rising nav and may pay soon. Getting close. 

[zappy33]

Thanks for giving me hope. I also have DGS and it finally pays again. I'll hold on for another month or two.

[mkqtrader]

If you kept them when they were below $3, my suggestion would be to keep them now, since they are back, very close to the dividend threshold. Eventually, you might try to do the swap with BK, which seems to be very solidly above the dividend threshold, once you got payments for a few months, but I would take into consideration the fact that BK stocks are trading at values above NAV while FFN is

[zappy33]

Good info, thanks. Life was good when both FFN and DGS were paying dividends. Then covid came and messed up everything.

[Nakate]

Idk about you guys but I doubled down at 2.7 and am looking forward to seeing a divi soon. Sure there could be a set back but the underlying assets are the best of the best and will eventually get it in the zone