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

Financial 15 Split Corp. (TSE:FTN) declared a monthly dividend on Tuesday, March 31st, TickerTech Dividends reports. Investors of record on Friday, April 10th will be paid a dividend of 0.1257 per share on Friday, April 10th. This represents a c) dividend on an annualized basis and a yield of 15.5%. The ex-dividend date of this dividend is Tuesday, March 31st.

Financial 15 Split Stock Up 0.3%

TSE:FTN opened at C$9.76 on Thursday. Financial 15 Split has a one year low of C$5.58 and a one year high of C$11.12. The company has a debt-to-equity ratio of 88.68, a current ratio of 0.21 and a quick ratio of 1.91. The company has a market cap of C$722.80 million, a PE ratio of 3.43 and a beta of 1.86. The firm’s 50 day simple moving average is C$10.32 and its 200 day simple moving average is C$10.74.

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.