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Canadian Banc Corp. is a close-ended equity mutual fund launched by Quadravest Inc. The fund is managed by Quadravest Capital Management Inc. It invests in the public equity markets of Canada. The fund invests in stocks of companies engaged in the banking sector. It benchmarks the performance of its portfolio against the S&P TSX Financial Index. The fund was formerly known as Canadian Banc Recovery Corp. Canadian Banc Corp. was formed on May 25, 2005 and is domiciled in Canada.

Canadian Banc Dividend Announcement

Canadian Banc announced a monthly dividend of C$0.14 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-27
Canadian Banc annual dividend for 2024 was C$1.22
Canadian Banc annual dividend for 2023 was C$1.88
Canadian Banc's trailing twelve-month (TTM) dividend yield is 14.14%
Canadian Banc's payout ratio for the trailing twelve months (TTM) is 142.15%
Canadian Banc's dividend growth over the last five years (2018-2023) was 7.93% year
Canadian Banc's dividend growth over the last ten years (2013-2023) was 9.15% year

Canadian Banc Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-27C$0.14monthly2024-10-10
2024-08-30C$0.14monthly2024-09-10
2024-07-31C$0.14monthly2024-08-09
2024-06-28C$0.14monthly2024-07-10
2024-05-31C$0.14monthly2024-06-10
2024-04-29C$0.13monthly2024-05-10
2024-03-27C$0.13monthly
2024-02-28C$0.13monthly
2024-01-30C$0.13monthly2024-02-09
2023-12-28C$0.12monthly2024-01-10
2023-11-29C$0.12monthly2023-12-08
2023-10-30C$0.14monthly2023-11-10
2023-09-28C$0.16monthly2023-10-10
2023-08-30C$0.17monthly2023-09-08
2023-07-28C$0.16monthly2023-08-10
2023-06-29C$0.16monthly2023-07-10
2023-05-30C$0.17monthly2023-06-09
2023-04-27C$0.17monthly2023-05-10
2023-03-30C$0.17monthly2023-04-10
2023-02-27C$0.17monthly2023-03-10
2023-01-30C$0.17monthly2023-02-10
2022-12-29C$0.17monthly2023-01-10
2022-11-29C$0.16monthly2022-12-09
2022-10-28C$0.16monthly2022-11-10
2022-09-28C$0.17monthly2022-10-07
2022-08-30C$0.17monthly2022-09-09
2022-07-28C$0.17monthly2022-08-10
2022-06-29C$0.19monthly2022-07-08
2022-05-30C$0.18monthly2022-06-10
2022-04-28C$0.19monthly2022-05-10
2022-03-30C$0.19monthly2022-04-08
2022-02-25C$0.19monthly2022-03-10
2022-01-28C$0.18monthly2022-02-10
2021-12-30C$0.17monthly2022-01-10
2021-11-29C$0.16monthly2021-12-10
2021-10-28C$0.10monthly2021-11-10
2021-09-28C$0.10monthly2021-10-08
2021-08-30C$0.10monthly2021-09-10
2021-07-29C$0.10monthly2021-08-10
2021-06-29C$0.10monthly2021-07-09
2021-05-28C$0.09monthly2021-06-10
2021-04-29C$0.09monthly2021-05-10
2021-03-30C$0.09monthly2021-04-09
2021-02-25C$0.07monthly2021-03-10
2021-01-28C$0.07monthly2021-02-10
2020-12-30C$0.07monthly2021-01-08
2020-11-27C$0.06monthly2020-12-10
2020-10-29C$0.06monthly2020-11-10
2020-09-29C$0.06monthly2020-10-09
2020-08-28C$0.05monthly2020-09-10
2020-07-30C$0.05monthly2020-08-10
2020-06-29C$0.05monthly2020-07-10
2020-05-28C$0.06monthly2020-06-10
2020-04-29C$0.05monthly2020-05-08
2020-02-27C$0.09monthly2020-03-10
2020-01-30C$0.08monthly2020-02-10
2019-12-30C$0.09monthly2020-01-10
2019-11-28C$0.09monthly2019-12-10
2019-10-30C$0.09monthly2019-11-08
2019-09-27C$0.08monthly2019-10-10
2019-08-29C$0.09monthly2019-09-10
2019-07-30C$0.09monthly2019-08-09
2019-06-27C$0.09monthly2019-07-10
2019-05-30C$0.09monthly2019-06-10
2019-04-29C$0.09monthly2019-05-10
2019-03-28C$0.10monthly2019-04-10
2019-02-27C$0.09monthly2019-03-08
2019-01-30C$0.08monthly2019-02-08
2018-12-28C$0.09monthly2019-01-10
2018-11-29C$0.09monthly2018-12-10
2018-10-30C$0.11monthly2018-11-09
2018-09-27C$0.11monthly2018-10-10
2018-08-30C$0.11monthly2018-09-10
2018-07-30C$0.10monthly2018-08-10
2018-06-28C$0.10monthly2018-07-10
2018-05-30C$0.11monthly2018-06-08
2018-04-27C$0.11monthly2018-05-10
2018-03-28C$0.11monthly2018-04-10
2018-02-27C$0.12monthly2018-03-09
2018-01-30C$0.12monthly2018-02-09
2017-12-28C$0.11monthly2018-01-10
2017-11-29C$0.11monthly2017-12-08
2017-10-30C$0.11monthly2017-11-10
2017-09-28C$0.10monthly2017-10-10
2017-08-29C$0.10monthly2017-09-08
2017-07-27C$0.10monthly2017-08-10
2017-06-28C$0.10monthly2017-07-10
2017-05-29C$0.10monthly2017-06-09
2017-04-26C$0.11monthly2017-05-10
2017-03-29C$0.11monthly2017-04-10
2017-02-24C$0.10monthly2017-03-10
2017-01-27C$0.10monthly2017-02-10
2017-01-03C$0.50monthly
2016-12-28C$0.10monthly2017-01-10
2016-11-28C$0.10monthly2016-12-09
2016-10-27C$0.09monthly2016-11-10
2016-09-28C$0.09monthly2016-10-07
2016-08-29C$0.09monthly2016-09-09
2016-07-27C$0.08monthly2016-08-10
2016-06-28C$0.09monthly2016-07-08
2016-05-27C$0.09monthly2016-06-10
2016-04-27C$0.08monthly2016-05-10
2016-03-29C$0.07monthly2016-04-08
2016-02-25C$0.07monthly2016-03-10
2016-01-27C$0.08monthly2016-02-10
2015-12-29C$0.08monthly2016-01-08
2015-11-26C$0.09monthly2015-12-10
2015-10-28C$0.08monthly2015-11-10
2015-09-28C$0.09monthly2015-10-09
2015-08-27C$0.09monthly2015-09-10
2015-07-29C$0.10monthly2015-08-10
2015-06-26C$0.11monthly2015-07-10
2015-05-27C$0.11monthly2015-06-10
2015-04-28C$0.11monthly2015-05-08
2015-03-27C$0.12monthly2015-04-10
2015-02-25C$0.11monthly2015-03-10
2015-01-28C$0.11monthly2015-02-10
2014-12-29C$0.12monthly2015-01-09
2014-11-26C$0.12monthly2014-12-10
2014-10-29C$0.11monthly2014-11-10
2014-09-26C$0.12monthly2014-10-10
2014-08-27C$0.11monthly2014-09-10
2014-07-29C$0.11monthly2014-08-08
2014-06-26C$0.11monthly2014-07-10
2014-05-28C$0.11monthly2014-06-10
2014-04-28C$0.11monthly2014-05-09
2014-03-27C$0.11monthly2014-04-10
2014-02-26C$0.10monthly2014-03-10
2014-01-29C$0.10monthly2014-02-10
2013-12-27C$0.10monthly2014-01-10
2013-11-27C$0.10monthly2013-12-10
2013-10-29C$0.09monthly2013-11-08
2013-09-26C$0.08monthly2013-10-10
2013-08-28C$0.05monthly2013-09-10
2013-07-29C$0.05monthly2013-08-09
2013-06-26C$0.05monthly2013-07-10
2013-05-29C$0.05monthly2013-06-10
2013-04-26C$0.05monthly2013-05-10
2013-03-26C$0.05monthly2013-04-10
2013-02-26C$0.05monthly2013-03-08
2013-01-29C$0.05monthly2013-02-08

Canadian Banc Dividend per year

Canadian Banc Dividend growth

Canadian Banc Dividend Yield

Canadian Banc current trailing twelve-month (TTM) dividend yield is 14.14%. Interested in purchasing Canadian Banc stock? Use our calculator to estimate your expected dividend yield:

Canadian Banc Financial Ratios

P/E ratio5.45
PEG ratio-0.02
P/B ratio1.04
ROE21.73%
Payout ratio142.15%
Current ratio1.98
Quick ratio1.98
Cash Ratio0.34

Canadian Banc Dividend FAQ

How much is the next Canadian Banc dividend?
Canadian Banc's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Canadian Banc dividend. The next Canadian Banc dividend will be released in January, February, March, April, May, June, July, August, September, October, November, or December.
When is Canadian Banc dividend paid?
Canadian Banc pays dividends on a monthly basis. The specific dates may vary each year but are generally around January, February, March, April, May, June, July, August, September, October, November, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Canadian Banc pay?
The specific amount of Canadian Banc dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Canadian Banc's dividend history.
Does Canadian Banc stock pay dividends?
Yes, Canadian Banc does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Canadian Banc's dividend history.
How much dividend does Canadian Banc pay?
Canadian Banc paid C$1.217 in 2024, C$1.876 in 2023, C$2.104 in 2022, C$1.264 in 2021, and C$0.687 in 2020.
How often does Canadian Banc pay dividends?
Canadian Banc typically pays dividends on a monthly basis. This means that dividends are usually distributed 12 times a year. The specific payout dates may vary each year but generally fall around January, February, March, April, May, June, July, August, September, October, November, and December.
What is Canadian Banc's dividend yield?
The current dividend yield for Canadian Banc is 14.14%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Canadian Banc's exact dividend yield.
When does Canadian Banc go ex dividend?
Canadian Banc's ex-dividend date for the latest dividend was on 2024-09-27. Canadian Banc typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Canadian Banc dividend paid?
Canadian Banc pays dividends on a monthly basis, typically around January, February, March, April, May, June, July, August, September, October, November, or December, but the exact dates can vary each year.
Will Canadian Banc increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Canadian Banc will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Canadian Banc dividend per share?
Canadian Banc paid C$1.217 per share in 2024 and C$1.876 per share in 2023. The amount of dividend per share that Canadian Banc pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Canadian Banc a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Canadian Banc a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Canadian Banc a dividend stock?
Yes, Canadian Banc is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Canadian Banc a good dividend stock?
Whether Canadian Banc is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Canadian Banc has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Canadian Banc as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Canadian Banc pay dividends monthly?
Canadian Banc typically pays dividends on a monthly basis.
Does Canadian Banc pay dividends quarterly?
Canadian Banc currently pays dividends on a monthly basis.
Has Canadian Banc ever paid a dividend?
Yes, Canadian Banc has a history of paying dividends to its shareholders. Canadian Banc is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Canadian Banc dividend stocks?
To buy Canadian Banc you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Canadian Banc stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Canadian Banc pay dividends 2024?
Canadian Banc pays dividends on a monthly basis. 2024 dividend payments are in 2024-10-10. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Canadian Banc increase its dividend in 2024?
Decisions regarding Canadian Banc dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Canadian Banc dividend overview you can look into the above table of dividend history.
How Canadian Banc dividend works?
The Canadian Banc dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Canadian Banc's dividend process works:

1. Determination of Dividend: Canadian Banc's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Canadian Banc publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Canadian Banc distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Canadian Banc are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Canadian Banc dividends paid?
Canadian Banc dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Canadian Banc sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Canadian Banc distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Canadian Banc declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Canadian Banc pay dividends?
Canadian Banc typically pays dividends on a monthly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Canadian Banc pay dividends?
The general pattern is that Canadian Banc pays dividends around January, February, March, April, May, June, July, August, September, October, November, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Canadian Banc dividend safe?
The safety of Canadian Banc's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Canadian Banc's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Canadian Banc's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.