CanadaStockChannel

Financial 15 Split About To Put More Money In Your Pocket (FTN.CA)

By Canada Stock Channel Staff, Tuesday, April 27, 10:20 AM ET

On 4/29/21, Financial 15 Split Corp (TSE:FTN.CA) will trade ex-dividend, for its monthly dividend of $0.1257, payable on 5/10/21. As a percentage of FTN.CA's recent stock price of $11.30, this dividend works out to approximately 1.11%, so look for shares of Financial 15 Split Corp to trade 1.11% lower — all else being equal — when FTN.CA shares open for trading on 4/29/21.

Below is a dividend history chart for FTN.CA, showing historical dividends prior to the most recent $0.1257 declared by Financial 15 Split Corp:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FTN.CA is likely to continue, and whether the current estimated yield of 13.35% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FTN.CA shares, versus its 200 day moving average:

Financial 15 Split Corp 200 Day Moving Average Chart

Looking at the chart above, FTN.CA's low point in its 52 week range is $6 per share, with $12.225 as the 52 week high point — that compares with a last trade of $11.29.


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In Tuesday trading, Financial 15 Split Corp shares are currently up about 0.2% on the day.


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