SBC stock dividend – Brompton Split Banc Corp Announces 0.1 Cash Dividend
March 29, 2023
Dividends Yield
On March 27 2023, Brompton Split Banc ($TSX:SBC) Corp announced a 0.1 cash dividend for its investors. This dividend is significantly lower than the 1.2 CAD per share that the company has been issuing for the past three years, but the dividend yield of 9.76% still makes it an attractive option for those looking for dividend stocks. The ex-dividend date is March 30 2023, so all shareholders of record at that date will be eligible to receive the dividend. Brompton Split Banc Corp is a company that has consistently rewarded its investors with high annual dividends.
In addition to its attractive dividend yields, the company has a long-term track record of increasing its dividend each year. This makes it a great option for those looking for a steady source of income. With its latest dividend announcement, investors now have another excellent opportunity to increase their portfolio income.
Share Price
This diviend marks a continuation of the company’s ongoing commitment to rewarding their investors with regular cash dividends. The company have seen positive growth in the past year, with the stock rising steadily over time. This dividend reflects the company’s confidence in its future prospects and its commitment to rewarding its shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for SBC. More…
| Total Revenues | Net Income | Net Margin |
| -41.69 | -54.06 | 108.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for SBC. More…
| Operations | Investing | Financing |
| -34.61 | – | 34.49 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for SBC. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 350.94 | 186.13 | 6.05 |
Key Ratios Snapshot
Some of the financial key ratios for SBC are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -25.3% | – | – |
| FCF Margin | ROE | ROA |
| 83.0% | -29.5% | -8.1% |
Analysis – SBC Stock Fair Value Calculator
When we at GoodWhale examine the fundamentals of BROMPTON SPLIT BANC, we can see that they have a solid balance sheet and a long track record of success. Our proprietary Valuation Line suggests that the intrinsic value of BROMPTON SPLIT BANC share is around CA$10.8. Right now, the stock is trading at CA$10.9 – slightly overvalued by 1.2%. This suggests that it might be a good time to buy, especially for those looking for a stable asset with potential for long-term growth. More…
Peers
Brompton Split Banc Corp and its competitors, Dividend 15 Split Corp II, Brompton Lifeco Split Corp, and Prime Dividend Corp, are all split share corporations that provide investors with a unique way to earn a fixed dividend from their investment. Split share corporations offer investors the opportunity to earn a higher yield than traditional investments, while at the same time limiting their risk exposure.
– Dividend 15 Split Corp II ($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 an attractive dividend stock for investors. It has consistently paid an annual dividend of 1.2 CAD per share over the past three years, yielding 9.76%. With such a strong dividend yield, it is an ideal choice for those looking to generate passive income through stock investing.
Additionally, the company’s financials suggest that it has demonstrated a good track record in terms of dividend payments and financial stability. Investing in this stock may be a wise decision to reap the rewards of consistent dividends.
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