FFN Ex-Dividend Reminder - 10/29/13

On 10/29/13, Financial 15 Split Corporation II (TSX: FFN.TO) will trade ex-dividend, for its monthly dividend of $0.10, payable on 11/8/13. As a percentage of FFN's recent stock price of $7.06, this dividend works out to approximately 1.42%, so look for shares of Financial 15 Split Corporation II to trade 1.42% lower — all else being equal — when FFN shares open for trading on 10/29/13.

Below is a dividend history chart for FFN, showing historical dividends prior to the most recent $0.10 declared by Financial 15 Split Corporation II:

FFN+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FFN is likely to continue, and whether the current estimated yield of 17.00% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FFN shares, versus its 200 day moving average:

Financial 15 Split Corporation II 200 Day Moving Average Chart

Looking at the chart above, FFN's low point in its 52 week range is $2.74 per share, with $7.13 as the 52 week high point — that compares with a last trade of $7.06.

In Friday trading, Financial 15 Split Corporation II shares are currently trading flat on the day.

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