Financial 15 Split Corporation II About To Put More Money In Your Pocket (FFN)

On 8/27/14, Financial 15 Split Corporation II (TSX: FFN.TO) will trade ex-dividend, for its monthly dividend of $0.10, payable on 9/10/14. As a percentage of FFN's recent stock price of $8.28, this dividend works out to approximately 1.21%, so look for shares of Financial 15 Split Corporation II to trade 1.21% lower — all else being equal — when FFN shares open for trading on 8/27/14.

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:


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 14.49% 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 $6.00 per share, with $8.48 as the 52 week high point — that compares with a last trade of $8.27.

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

If you liked this article you might like

Medicure Breaks Above 200-Day Moving Average - Bullish For MPH

CWL Crosses Above Key Moving Average Level

Financial 15 Split Corporation II (FFN) Shares Cross Above 200 DMA

Top 20 Dividend (TTY-UN) Shares Cross 7% Yield Mark

US Housing Recovery Fund Class A (USH-UN) Shares Cross 6% Yield Mark