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Financial 15 Split (TSE:FTN) Stock Price Passes Above 50 Day Moving Average - Here's What Happened

Financial 15 Split logo with Financial Services background

Shares of Financial 15 Split Corp. (TSE:FTN - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$8.98 and traded as high as C$9.71. Financial 15 Split shares last traded at C$9.69, with a volume of 134,169 shares trading hands.

Financial 15 Split Price Performance

The firm has a market cap of C$585.94 million, a P/E ratio of 3.33 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 company's 50-day moving average is C$8.98 and its two-hundred day moving average is C$8.92.

Financial 15 Split Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, July 10th will be given a $0.1257 dividend. This represents a $1.51 annualized dividend and a dividend yield of 15.57%. The ex-dividend date is Monday, June 30th. Financial 15 Split's payout ratio is presently 51.94%.

Financial 15 Split Company Profile

(Get Free Report)

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.

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