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First National Financial (TSX:FN) Dividend Payout Ratio : 0.60 (As of Dec. 2024)


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What is First National Financial Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. First National Financial's Dividend Payout Ratio for the months ended in Dec. 2024 was 0.60.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of First National Financial Corp is 0.74, which seems too high.

The historical rank and industry rank for First National Financial's Dividend Payout Ratio or its related term are showing as below:

TSX:FN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.67   Max: 0.88
Current: 0.74


During the past 13 years, the highest Dividend Payout Ratio of First National Financial was 0.88. The lowest was 0.50. And the median was 0.67.

TSX:FN's Dividend Payout Ratio is ranked worse than
90.39% of 1145 companies
in the Banks industry
Industry Median: 0.35 vs TSX:FN: 0.74

As of today (2025-03-24), the Dividend Yield % of First National Financial is 6.21%.

During the past 13 years, the highest Trailing Annual Dividend Yield of First National Financial was 8.71%. The lowest was 3.84%. And the median was 6.26%.

First National Financial's Dividends per Share for the months ended in Dec. 2024 was C$0.62.

During the past 12 months, First National Financial's average Dividends Per Share Growth Rate was 2.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First National Financial was 9.30% per year. The lowest was -3.20% per year. And the median was 5.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


First National Financial Dividend Payout Ratio Historical Data

The historical data trend for First National Financial's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First National Financial Dividend Payout Ratio Chart

First National Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.71 0.73 0.58 0.74

First National Financial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.75 0.69 1.04 0.60

Competitive Comparison of First National Financial's Dividend Payout Ratio

For the Mortgage Finance subindustry, First National Financial's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First National Financial's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First National Financial's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First National Financial's Dividend Payout Ratio falls into.



First National Financial Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

First National Financial's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2024 )/ EPS without NRI (A: Dec. 2024 )
=2.458/ 3.33
=0.74

First National Financial's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2024 )/ EPS without NRI (Q: Dec. 2024 )
=0.621/ 1.035
=0.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First National Financial (TSX:FN) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


First National Financial Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of First National Financial's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


First National Financial Business Description

Address
16 York Street, Suite 1900, Toronto, ON, CAN, M5J 0E6
First National Financial Corp is a Canadian originator, underwriter and servicer of predominantly prime residential and commercial mortgages. The Company operates in two business segments, Residential and Commercial. These segments are organized by mortgage type and contain revenue and expenses related to origination, underwriting, securitization and servicing activities. It derives maximum revenue from Residential segment.
Executives
Fnsc Holdings Inc. 10% Security Holder
Stephen Smith Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Martine Irman Director
Diane Sinhuber Director
First National Securities Corporation 10% Security Holder
Hilda Wong Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Barbara Frank Palk Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Duncan Newton Rowell Jackman Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

First National Financial Headlines