This 5.9% Dividend Stock Pays Cash Every Month [Yahoo! Finance Canada]
First National Corporation (FXNC)
NASDAQ:AMEX Investor Relations:
ir.fbvirginia.com
Company Research
Source: Yahoo! Finance Canada
Are you looking for a quality dividend stock that has a high yield and pays out cash every single month? There aren't too many of them around, but they do exist. Monthly pay dividend stocks are usually found among smaller energy companies and real estate investment trusts (REITs). They aren't always the highest quality companies, but some of them are reasonably good investments. In this article, I will explore one monthly-pay dividend stock that is of reasonably high quality, in addition to having a monthly payout schedule. First National First National Financial TSX:FN ) is a Canadian non-bank lender that issues mortgages through brokers nation-wide. The company does not operate off a branch model like banks , but instead partners with brokers who find borrowers for FN to lend money to. First National specializes in lending to Canadians who are fairly creditworthy, but are often cut off from bank financing due to having characteristics that are frowned upon. Examples include
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News
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FXNC
Earnings
- 11/1/24 - Miss
FXNC
Sec Filings
- 11/15/24 - Form 8-K
- 11/15/24 - Form 8-K
- 11/14/24 - Form 10-Q
- FXNC's page on the SEC website