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

Financial 15 Split Corp. (TSE:FTN) announced a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Stockholders of record on Monday, August 10th will be paid a dividend of 0.1257 per share on Monday, August 10th. This represents a c) annualized dividend and a dividend yield of 11.7%. The ex-dividend date is Friday, July 31st.

Financial 15 Split Stock Performance

Shares of FTN traded down C$0.06 on Wednesday, reaching C$12.91. 16,566 shares of the stock traded hands, compared to its average volume of 220,384. The firm has a market cap of C$1.05 billion, a price-to-earnings ratio of 4.99 and a beta of 2.01. The company has a debt-to-equity ratio of 81.26, a current ratio of 0.13 and a quick ratio of 1.91. Financial 15 Split has a 12 month low of C$7.85 and a 12 month high of C$13.18. The stock’s 50-day moving average price is C$11.72 and its 200-day moving average price is C$10.97.

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.