FFD Financial (FFDF) Declares $0.28 Dividend
FFD Financial said on April 19, 2023 that its board of directors declared a regular quarterly dividend of $0.28 per share ($1.10 annualized). Previously, the company paid $0.28 per share.
Shares must be purchased before the ex-div date of May 2, 2023 to qualify for the dividend. Shareholders of record as of May 3, 2023 will receive the payment on May 15, 2023.
At the current share price of $33.00 / share, the stock's dividend yield is 3.33%. Looking back five years and taking a sample every week, the average dividend yield has been 0.91%, the lowest has been 0.68%, and the highest has been 3.20%. The standard deviation of yields is 0.38 (n=171).
The current dividend yield is 6.40 standard deviations above the historical average.
The company's 3-Year dividend growth rate is 1.17%, demonstrating that it has increased its dividend over time.
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What is the Fund Sentiment?
There are 1 funds or institutions reporting positions in FFD Financial. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to FFDF is 2.71%, an increase of 152,509.87%. Total shares owned by institutions decreased in the last three months by 13.80% to 3K shares.
What are Other Shareholders Doing?
Ancora Advisors holds 3K shares representing 0.09% ownership of the company. In it's prior filing, the firm reported owning 3K shares, representing a decrease of 16.01%. The firm increased its portfolio allocation in FFDF by 78,118.76% over the last quarter.
This story originally appeared on Fintel.