Financial 15 Split Corp. (FTN) To Go Ex-Dividend on August 31st

Financial 15 Split Corp. (TSE:FTN) announced a monthly dividend on Monday, August 31st, TickerTech Dividends reports. Investors of record on Thursday, September 10th will be given a dividend of 0.1257 per share on Thursday, September 10th. This represents a c) annualized dividend and a dividend yield of 12.7%. The ex-dividend date of this dividend is Monday, August 31st.

Financial 15 Split Trading Up 0.4%

Financial 15 Split stock opened at C$11.87 on Friday. Financial 15 Split has a 12 month low of C$8.32 and a 12 month high of C$13.18. The company has a current ratio of 0.13, a quick ratio of 1.91 and a debt-to-equity ratio of 81.26. The business’s fifty day simple moving average is C$12.31 and its two-hundred day simple moving average is C$11.17. The company has a market capitalization of C$925.47 million, a price-to-earnings ratio of 2.40 and a beta of 2.02.

About Financial 15 Split

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.