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

Big Banc Split (TSX:BNK) Dividend Yield % : 10.35% (As of Jun. 05, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Big Banc Split Dividend Yield %?

As of today (2024-06-05), the Trailing Annual Dividend Yield of Big Banc Split is 10.35%.

Good Sign:

Big Banc Split Corp stock dividend yield is close to 5-year high.

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

TSX:BNK' s Dividend Yield % Range Over the Past 10 Years
Min: 2.4   Med: 6.22   Max: 10.38
Current: 10.35

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

TSX:BNK's Dividend Yield % is ranked better than
84.54% of 1216 companies
in the Asset Management industry
Industry Median: 5.49 vs TSX:BNK: 10.35

Big Banc Split's Dividend Payout Ratio for the six 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.

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.

As of today (2024-06-05), the Forward Dividend Yield % of Big Banc Split is 13.35%.

Big Banc Split's Dividends per Share for the six 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 Yield % Historical Data

The historical data trend for Big Banc Split's Dividend Yield % 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 Yield % Chart

Big Banc Split Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Dividend Yield %
3.81 4.61 6.61 7.83

Big Banc Split Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial 4.61 6.51 6.61 7.31 7.83

Competitive Comparison of Big Banc Split's Dividend Yield %

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

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

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

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


Big Banc Split Dividend Yield % Calculation

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

Big Banc Split Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.1200002024-05-312024-05-312024-06-14Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1200002024-04-292024-04-302024-05-14Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1200002024-03-272024-03-282024-04-12Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1200002024-02-282024-02-292024-03-14Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1200002024-01-302024-01-312024-02-14Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1200002023-12-282023-12-292024-01-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0662002023-11-292023-11-302023-12-14Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0662002023-10-302023-10-312023-11-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0662002023-09-282023-09-292023-10-13Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0662002023-08-302023-08-312023-09-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0662002023-07-282023-07-312023-08-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0662002023-06-292023-06-302023-07-14Cash DividendmonthlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Big Banc Split's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.1172/10.79
=10.35 %

Current Share Price is C$10.79.
Big Banc Split's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.1172.

Big Banc Split's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.44/10.79
=13.35 %

Current Share Price is C$10.79.
Big Banc Split's Dividends per Share for the forward twelve months is calculated as C$0.12 * 12 = C$1.44.

* 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.

Big Banc Split  (TSX:BNK) 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.

Big Banc Split Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Big Banc Split's Dividend Yield % 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 Yield %
Comparable Companies
XCNQ:TLP.UN TSXV:ELC TSXV:WI TSXV:CSOC.A XCNQ:SPLY TSXV:TIE TSX:MSRE.UN XCNQ:SOL TSXV:FW TSXV:AIVC BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
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

No Headlines