Financial 15 Split Corp. Plans Monthly Dividend of $0.13 (TSE:FTN)

Key Points

• Financial 15 Split Corp. announced a monthly dividend of $0.13 per share, which will be paid to shareholders of record on August 8th.
• The declared dividend results in an annualized yield of 15.01%, reflecting strong returns for investors.
• As of Tuesday, the stock opened at C$10.05, with a market cap of C$607.71 million and a low of C$6.75 over the past year.

Financial 15 Split Corp. (TSE:FTN - Get Free Report) declared a monthly dividend on Thursday, July 31st, TickerTech Dividends reports. Stockholders of record on Friday, August 8th will be given a dividend of 0.1257 per share on Friday, August 8th. This represents a c) annualized dividend and a dividend yield of 15.6%. The ex-dividend date is Thursday, July 31st.

Financial 15 Split Stock Performance

Shares of FTN traded down C$0.25 during trading hours on Friday, hitting C$9.65. The company's stock had a trading volume of 358,869 shares, compared to its average volume of 248,363. The company has a market cap of C$583.52 million, a price-to-earnings ratio of 3.32 and a beta of 1.44. The company has a debt-to-equity ratio of 119.87, a current ratio of 1.81 and a quick ratio of 1.91. The business has a 50 day simple moving average of C$9.52 and a two-hundred day simple moving average of C$9.02. Financial 15 Split has a 52-week low of C$6.75 and a 52-week high of C$10.23.

Financial 15 Split Company Profile

Financial 15 Split Corp. is an close ended equity mutual fund launched by Quadravest Inc It is managed by Quadravest Capital Management Inc It invests in the public equity markets of the United States and Canada. The fund primarily invests in stocks of companies operating in the financials sector. Financial 15 Split Corp.