Carfinco

EDMONTON, Feb. 26, 2015 /CNW/ - carfinco Financial Group Inc. ("Carfinco") (TSX: CFN) announces today that it has completed the sale of its US holding company, carfinco USA Inc., and all of carfinco USA Inc.'s direct and indirect subsidiaries including 02/26 CARFINCO FINANCIAL: Completes the Sale of its US Business » 02/26 CARFINCO FINANCIAL: Completes the Sale of its US Business 02/25 CARFINCO FINANCIAL: and Santander Agree to Extend Outside Date for Closing » 02/25 CARFINCO FINANCIAL: and Santander Carfinco Financial Group (TSE:CFN), a Canadian non-traditional auto lender, advanced to the highest in ten days after saying it has agreed to sell its Persian Acceptance Corp. business in the U.S. Shares rose 13 percent to C$9.50 at 1:25 p.m. in Toronto EDMONTON, March 6, 2015 /CNW/ - Carfinco Financial Group Inc. ("Carfinco") (TSX: CFN) announces today the successful completion of the previously announced acquisition of Carfinco by Santander Holding Canada Inc. ("Acquireco"), a wholly-owned subsidiary Carfinco Financial Group (TSE:CFN) declared a monthly dividend on Wednesday, February 18th, Analyst Ratings Network.com reports. Investors of record on Wednesday, February 25th will be paid a dividend of 0.025 per share on Wednesday, February 25th. Carfinco Financial Group (CFN.TO) surged more than 12 percent in Friday trading after reaching an agreement to sell its U.S. division - but it’s still trading almost $2 below a pending takeover offer of $11.25 per share from Spain’s Banco Santander .

On 2/18/15, Carfinco Financial Group Inc. (TSX: CFN.TO) will trade ex-dividend, for its monthly dividend of $0.025, payable on 2/25/15. As a percentage of CFN's recent stock price of $10.61, this dividend works out to approximately 0.24%. Below is a Cormark upgraded shares of Carfinco Financial Group (TSE:CFN) from a market perform rating to a buy rating in a research report released on Friday morning. Carfinco Financial Group (TSE:CFN) traded up 12.74% during mid-day trading on Friday, hitting $9.47. Carfinco Financial Group Inc. ("Carfinco") (CFN) announces today that it has completed the sale of its US holding company, Carfinco USA Inc., and all of Carfinco USA Inc.'s direct and indirect subsidiaries including Persian Acceptance Corp., the Carfinco Financial Group (TSE:CFN) announced a monthly dividend on Tuesday, February 24th, Stock Ratings News reports. Investors of record on Tuesday, March 3rd will be given a dividend of 0.055 per share on Tuesday, March 3rd. This represents a $0.66 .

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