Financial 15 Split (TSE:FTN) Reaches New 1-Year High – Still a Buy?

Financial 15 Split Corp. (TSE:FTNGet Free Report)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$8.55 and last traded at C$8.55, with a volume of 364626 shares. The stock had previously closed at C$8.46.

Financial 15 Split Stock Performance

The stock’s 50-day moving average price is C$8.25 and its 200-day moving average price is C$8.23. The company has a current ratio of 1.81, a quick ratio of 1.91 and a debt-to-equity ratio of 119.87. The company has a market capitalization of C$468.55 million, a P/E ratio of 2.87 and a beta of 1.44.

Financial 15 Split Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, August 9th. Stockholders of record on Friday, August 9th were given a $0.1257 dividend. The ex-dividend date was Wednesday, July 31st. This represents a $1.51 dividend on an annualized basis and a dividend yield of 17.58%. Financial 15 Split’s payout ratio is currently 50.50%.

About Financial 15 Split

(Get Free Report)

Financial 15 Split Corp. is an close ended equity mutual fund launched by Quadravest Inc It is managed by Quadravest Capital Management Inc It invests in the public equity markets of the United States and Canada. The fund primarily invests in stocks of companies operating in the financials sector. Financial 15 Split Corp.

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