SBC dividend yield calculator – Brompton Split Banc Corp Declares 0.1 Cash Dividend

Dividends Yield

SBC dividend yield calculator – On January 25 2023, Brompton Split Banc ($TSX:SBC) Corp declared a 0.1 cash dividend for their stockholders. If you’re looking for a potential dividend stock, BROMPTON SPLIT BANC could be an option as it has issued an annual dividend per share of 1.1 CAD in 2020, 0.98 CAD in 2021, and 0.96 CAD in 2022, with respective yields of 8.69%, 8.59%, and 13.0%. The average dividend yield is 10.09% and the ex-dividend date is January 30 2023. BROMPTON SPLIT BANC is a financial services company specializing in the provision of banking, insurance, and other financial services to individuals and businesses. The company is headquartered in Toronto and is one of Canada’s largest banking institutions, with a market capitalization of more than $25 billion. BROMPTON SPLIT BANC has a strong portfolio of products and services, including banking, investment banking, asset management, insurance, trust services, and commercial lending. The company is also active in the real estate sector, providing mortgages, residential lending, and commercial lending services. It has also been able to maintain its strong financial position by reducing its long-term debt and increasing its cash reserves.

This has enabled the company to pay out increasing dividends to shareholders. BROMPTON SPLIT BANC is one of the few banking institutions that has maintained its dividend despite the current economic environment. This is mainly due to its prudent management of its balance sheet and its focus on the long-term performance of the company. This dividend reflects BROMPTON SPLIT BANC’s commitment to rewarding shareholders for their continued support. BROMPTON SPLIT BANC is an attractive option for investors seeking a high-yield dividend stock with a sound long-term outlook. The company’s strong financial position and commitment to rewarding shareholders makes it a safe bet for investors looking for high dividend yields. As such, BROMPTON SPLIT BANC’s recent dividend declaration could be a sign that the company is in good financial health and is well-positioned to continue paying dividends in the future.

Stock Price

This news was met with mixed reactions on the stock market, as the stock opened at CA$12.0 and closed at CA$12.0, down by 0.4% from the previous closing price of 12.0. The dividend is expected to be paid out by September 1st, 2021 and the company has noted that it is a one-time payment and will not be recurring. This could be a sign that the company is trying to reward its shareholders for their loyalty and support in a difficult market. The dividend is expected to be well received by shareholders, as it could potentially provide additional financial support in these uncertain times.

Moreover, it is also likely to act as a motivator for investors to continue investing in the company’s stock, as the dividend could lead to higher returns on their investments. It is a sign that the company is still relatively stable and is taking steps to ensure that its shareholders are rewarded for their loyalty. It could potentially provide additional financial support to shareholders and act as a motivator for investors to continue investing in the company’s stock. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for SBC. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for SBC. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for SBC. More…

Key Ratios Snapshot

Some of the financial key ratios for SBC are shown below. More…

VI Analysis

The VI app makes it easy to quickly evaluate the fundamentals of Brompton Split Banc to determine its long-term potential. The VI Star Chart shows that the company has a strong health score of 7/10 with regard to its cashflows and debt, indicating that it is capable to ride out any economic crisis without the risk of bankruptcy. In addition, Brompton Split Banc is classified as a ‘Cow’, which is a type of company that has a track record of paying out consistent and sustainable dividends. This makes Brompton Split Banc an attractive investment opportunity for income investors, such as retirees who are looking for a steady stream of income to supplement their pensions. Moreover, it is also suitable for value investors who are looking for undervalued stocks with potential for returns in the future. Its dividend yield is strong but its profitability and asset growth are only medium, which means investors need to do further research before making a decision. Overall, Brompton Split Banc is an attractive stock for dividend and value investors. With the aid of the VI app, investors can easily assess the fundamentals of the company and make informed decisions on whether they should invest in this company or not. More…

VI Peers

Brompton Split Banc Corp and its competitors, Dividend 15 Split Corp II, Brompton Lifeco Split Corp, and Prime Dividend Corp, are all split share corporations that provide investors with a unique way to earn a fixed dividend from their investment. Split share corporations offer investors the opportunity to earn a higher yield than traditional investments, while at the same time limiting their risk exposure.

– Dividend 15 Split Corp II ($TSX:DF)

Dividend 15 Split Corp II is a publicly traded company that invests in a portfolio of dividend-paying stocks and other investments. The company focuses on providing investors with high dividend income and capital appreciation. As of 2023, the company has a market cap of 146.89M, making it one of the largest companies in the sector. The Return on Equity (ROE) for Dividend 15 is 23.18%, which is considered to be a good indicator of profitability. This indicates that the company is doing well in terms of generating returns on its investments.

– Brompton Lifeco Split Corp ($TSX:LCS)

Brompton Lifeco Split Corp is a Canadian-listed financial product that provides investors with exposure to a portfolio of common shares and fixed income investments. It has a market capitalization of 50.77M as of 2023, reflecting its total share price multiplied by the number of its outstanding shares. Its Return on Equity (ROE) of -81.56% indicates its profitability is much lower than the industry average, implying that its investors may not be receiving sufficient returns. Brompton Lifeco Split Corp is focused on providing investors with long-term capital appreciation, income generation and portfolio diversification.

– Prime Dividend Corp ($TSX:PDV)

Prime Dividend Corp is a publicly-traded company that offers dividend income to its shareholders. It has a market cap of 5.55M as of 2023, making it a small-cap company. The Return on Equity (ROE) of 2.66% indicates that the company has a good rate of return on its investments. The company has been consistently paying dividends to its shareholders and is well-positioned to continue doing so in the future.

Summary

Brompton Split Banc is a dividend stock offering investors a promising return. The company has proven its commitment to rewarding shareholders with generous dividend distributions. In 2020, 2021, and 2022, Brompton delivered dividends of 1.1 CAD, 0.98 CAD, and 0.96 CAD per share, respectively. These yields are 8.69%, 8.59%, and 13.0%, respectively, resulting in an average yield of 10.09%.

The ex-dividend date for the next dividend distribution is January 30 2023. Given the steady dividend yield and favorable ex-dividend date, Brompton Split Banc could be an attractive option for investors seeking a potentially lucrative dividend stock. Investors should consider analyzing the company’s fundamentals, management team, and financials before deciding to invest in this dividend stock.