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. Shareholders of record on Thursday, September 10th will be given a dividend of 0.1257 per share on Thursday, September 10th. This represents a c) dividend on an annualized basis and a 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 52-week low of C$8.32 and a 52-week high of C$13.18. The company has a market cap of C$925.47 million, a P/E ratio of 2.40 and a beta of 2.02. The company has a quick ratio of 1.91, a current ratio of 0.13 and a debt-to-equity ratio of 81.26. The business has a 50-day simple moving average of C$12.31 and a two-hundred day simple moving average of C$11.17.

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.