The stock of Financial 15 Split Corp. (TSE:FTN) is a huge mover today! About 45,899 shares traded hands. Financial 15 Split Corp. (TSE:FTN) has risen 8.18% since April 8, 2016 and is uptrending. It has outperformed by 3.19% the S&P500.
The move comes after 7 months positive chart setup for the $164.92 million company. It was reported on Nov, 14 by Barchart.com. We have $19.77 PT which if reached, will make TSE:FTN worth $211.10M more.
More recent Financial 15 Split Corp. (TSE:FTN) news were published by: Marketwired.com which released: “Financial 15 Split Corp. Announces Successful Overnight Offering” on November 20, 2015. Also Marketwired.com published the news titled: “Financial 15 Split Corp. II Announces Overnight Offering” on July 22, 2014. Marketwired.com‘s news article titled: “North American Financial 15 Split Corp.: Regular Monthly Dividend Declaration …” with publication date: June 20, 2016 was also an interesting one.
Financial 15 Split Corporation is a mutual fund company, which invests primarily in over 15 Canadian and the United States financial services companies. The company has a market cap of $164.92 million. It offers over two types of shares, such as Preferred Shares and Class A Shares. It currently has negative earnings. The Company’s investment objectives with respect to Preferred Shares are to provide holders of Preferred Shares with cumulative preferential monthly cash dividends in an amount of over 5.25% annually and to pay the holders of the Preferred Shares approximately $10 per Preferred Share on or about the termination date.
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