GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 5Banc Split Inc (TSX:FBS.PR.C.PFD) » Definitions » Forward Dividend Yield %

5Banc Split (TSX:FBS.PR.C.PFD) Forward Dividend Yield % : 4.76% (As of May. 14, 2024)


View and export this data going back to 2011. Start your Free Trial

What is 5Banc Split Forward Dividend Yield %?

As of today (2024-05-14), the Forward Annual Dividend Yield of 5Banc Split is 4.76%.

As of today (2024-05-14), the Trailing Annual Dividend Yield of 5Banc Split is 3.57%.

TSX:FBS.PR.C.PFD's Forward Dividend Yield % is not ranked
in the Asset Management industry.
Industry Median: 5.745 vs TSX:FBS.PR.C.PFD: 4.76

5Banc Split's Dividends per Share for the six months ended in Jun. 2016 was C$0.00.

During the past 12 months, 5Banc Split's average Dividends Per Share Growth Rate was -17.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of 5Banc Split was 83.30% per year. The lowest was 0.00% per year. And the median was 5.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of 5Banc Split's Forward Dividend Yield %

For the Asset Management subindustry, 5Banc Split's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


5Banc Split's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 5Banc Split's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where 5Banc Split's Forward Dividend Yield % falls into.



5Banc Split Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


5Banc Split  (TSX:FBS.PR.C.PFD) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


5Banc Split Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of 5Banc Split's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


5Banc Split (TSX:FBS.PR.C.PFD) Business Description

Traded in Other Exchanges
N/A
Address
5Banc Split, Inc. operates as a closed-end mutual fund in Canada. It invests in a portfolio of publicly listed common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and toronto-Dominion Bank. The Company holds the Portfolio Shares in order to generate fixed cumulative preferential dividends for the holders of the Company's Preferred Shares. Holders of the Capital Shares will also receive, subject to the prior rights of Preferred Shareholders, excess dividends, if any, after payment of the expenses of the Company and dividends on the Preferred Shares. The Company also provides holders of the Capital Shares with a leveraged investment, the value of which is linked to the changes in the fair value of the Portfolio Shares. The holders of Capital Shares benefit from capital appreciation in the Portfolio Shares in excess of the value of the Preferred Shares, any accrued and unpaid distributions on the Preferred Shares, and accrued and unpaid expenses. The Company only trades the Portfolio Shares in limited circumstances as described in the Company's original prospectus.

5Banc Split (TSX:FBS.PR.C.PFD) Headlines

No Headlines