Financial 15 Split Corp. (FTN) To Go Ex-Dividend on May 29th

Financial 15 Split Corp. (TSE:FTN) declared a monthly dividend on Friday, May 29th, TickerTech Dividends reports. Investors of record on Wednesday, June 10th will be paid a dividend of 0.1257 per share on Wednesday, June 10th. This represents a c) dividend on an annualized basis and a yield of 13.9%. The ex-dividend date of this dividend is Friday, May 29th.

Financial 15 Split Price Performance

Shares of FTN opened at C$10.83 on Wednesday. The company has a market cap of C$882.24 million, a P/E ratio of 3.81 and a beta of 1.88. The stock has a fifty day moving average price of C$10.50 and a 200 day moving average price of C$10.71. The company has a debt-to-equity ratio of 88.68, a current ratio of 0.21 and a quick ratio of 1.91. Financial 15 Split has a 12 month low of C$7.45 and a 12 month high of C$11.60.

Financial 15 Split Company Profile

The Companys investment objectives with respect to the Class A Shares are (a) to provide holders of Class A Shares with regular monthly cash distributions, in an amount to be determined by the Board of Directors; and (b) to permit such holders to participate in all growth in the Net Asset Value (as defined herein) of the Company above $10.00 per Unit (as defined herein), by paying such holders, on or about the Termination Date (as defined herein), such amounts as remain in the Company on the Termination Date after paying the Preferred Share Repayment Amount (as defined herein) to the holders of the Preferred Shares.