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TORONTO, Jan. 18 /CNW/ - First National Financial Corporation (TSX: FN)
(the "Company") today confirmed that the one-time special year-end
distribution of the former First National Financial Income Fund (the
"Fund") for the year ended December 31, 2010 will be $0.40 per unit. On
December 13, 2010, the Fund announced that its Board of Trustees had
approved an estimated one-time special distribution of $0.35 per unit.
The final amount of the special distribution has since been determined
to be $0.40 per unit and will be payable on February 15, 2011 to
unitholders of record at the close of business on December 31, 2010.
In addition, the Company announced that its first regular monthly
dividend payment for the period January 1 to January 31, 2011 will be
of $0.104167 per common share. This dividend will be payable on
February 15, 2011 to shareholders of record at the close of business on
January 31, 2011.
About First National Financial Corporation
First National Financial Corporation (TSX: FN) is the parent company of
First National Financial LP, a Canadian-based originator, underwriter
and servicer of predominantly prime residential (single family and
multi-unit) and commercial mortgages. With over $52 billion in
mortgages under administration, First National is Canada's largest
non-bank originator and underwriter of mortgages and is among the top
three in market share in the growing mortgage broker distribution
channel. For more information, please visit www.firstnational.ca.
Certain information included in this news release may constitute
forward-looking information within the meaning of securities laws. In
some cases, forward-looking information can be identified by the use of
terms such as "may", "will, "should", "expect", "plan", "anticipate",
"believe", "intend", "estimate", "predict", "potential", "continue" or
other similar expressions concerning matters that are not historical
facts. This forward-looking information should not be read as providing
guarantees of future performance or results, and will not necessarily
be an accurate indication of whether or not, or the times by which,
those results will be achieved. This forward-looking information is as
of the date of this release, and is subject to change after such date.
However, management and the Company disclaim any intention or
obligation to update or revise any forward-looking information, whether
as a result of new information, future events or otherwise, except as
required under applicable securities regulations.
SOURCE First National Financial Income Fund
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