First National Financial (TSX:FN) Dividend Payout Ratio

: 0.84 (As of Dec. 2023)

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First National Financial's dividend payout ratio for the months ended in Dec. 2023 was 0.84.

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: 0.92
Current: 0.58

During the past 13 years, the highest Dividend Payout Ratio of First National Financial was 0.92. The lowest was 0.50. And the median was 0.67.

TSX:FN's Dividend Payout Ratio is ranked worse than
81.74% of 1090 companies
in the Banks industry
Industry Median: 0.34 vs TSX:FN: 0.58

As of today (2024-04-24), the Dividend Yield % of First National Financial is 6.35%.

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 6.27%.

First National Financial's Dividends per Share for the months ended in Dec. 2023 was C$0.61.

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 6.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.90% 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 6.00% per year.

The growth rate is calculated with least square regression.

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

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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.66

0.63

0.71

0.73

0.58

First National Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.86	1.03	0.41	0.44	0.84

Competitive Comparison

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 Dividend Payout Ratio Distribution

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

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

First National Financial's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.408	/	4.15
	=	0.58

First National Financial's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.608	/	0.72
	=	0.84

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

In dividends investing, 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

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First National Financial (TSX:FN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First National Financial Corp (TSX:FN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

FNLIF:USA 63Z:Germany FN.PR.B.PFD:Canada FN.PR.A.PFD:Canada

Address

16 York Street, Suite 1900, Toronto, ON, CAN, M5J 0E6

Website

https://www.firstnational.ca

First National Financial Corp is the parent company of First National Financial LP, a Canadian originator, underwriter, and servicer of predominantly prime residential and commercial mortgages. The company controls its First National Mortgage Investment Fund, which manages economic exposure to a diversified portfolio of primarily commercial mezzanine mortgages. Most mortgages originated by First National are funded either by placement with institutional investors or through securitization conduits, in each case with retained servicing. In general, originations are allocated from one funding source to another depending on market conditions and strategic considerations related to maintaining diversified funding sources.