Big Banc Split (TSX:BNK) Dividend Payout Ratio : 1.37 (As of Dec. 2023)

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What is Big Banc Split Dividend Payout Ratio?

Big Banc Split's dividend payout ratio for the months ended in Dec. 2023 was 1.37.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Big Banc Split Corp is 1.06, which seems too high.

The historical rank and industry rank for Big Banc Split's Dividend Payout Ratio or its related term are showing as below:

TSX:BNK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.16 Max: 1.06
Current: 1.06

During the past 4 years, the highest Dividend Payout Ratio of Big Banc Split was 1.06. The lowest was 0.12. And the median was 0.16.

TSX:BNK's Dividend Payout Ratio is ranked worse than
67.13% of 943 companies
in the Asset Management industry
Industry Median: 0.79 vs TSX:BNK: 1.06

As of today (2024-06-05), the Dividend Yield % of Big Banc Split is 10.38%.

During the past 4 years, the highest Trailing Annual Dividend Yield of Big Banc Split was 10.38%. The lowest was 2.40%. And the median was 6.22%.

Big Banc Split's Dividends per Share for the months ended in Dec. 2023 was C$0.45.

During the past 12 months, Big Banc Split's average Dividends Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 27.00% per year.

During the past 4 years, the highest 3-Year average Dividends Per Share Growth Rate of Big Banc Split was 27.00% per year. The lowest was 27.00% per year. And the median was 27.00% per year.

The growth rate is calculated with least square regression.

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

Big Banc Split Dividend Payout Ratio Historical Data

The historical data trend for Big Banc Split's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Big Banc Split Dividend Payout Ratio Chart

Big Banc Split Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.16

0.12

1.06

Big Banc Split Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial			0.20	-	-	0.85	1.37

Competitive Comparison of Big Banc Split's Dividend Payout Ratio

For the Asset Management subindustry, Big Banc Split's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Big Banc Split's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Big Banc Split's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Big Banc Split's Dividend Payout Ratio falls into.

Big Banc Split Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Big Banc Split's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.848	/	0.8
	=	1.06

Big Banc Split's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.451	/	0.33
	=	1.37

Big Banc Split (TSX:BNK) Dividend Payout Ratio Explanation

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.

Big Banc Split Dividend Payout Ratio Related Terms

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

Big Banc Split (TSX:BNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Big Banc Split Corp (TSX:BNK) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

BNK.PR.A.PFD:Canada

Address

130 Adelaide Street West, Suite 3100, P.O. Box 109, Toronto, ON, CAN, M5H 3P5

Website

Big Banc Split Corp is a mutual fund corporation. Its investment objectives include providing its holders with regular monthly non-cumulative cash distributions.

Big Banc Split (TSX:BNK) Headlines

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