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 2024-11-08. Ex dividend date: 2024-10-31
• Canadian Banc annual dividend for 2024 was C$1.36
• Canadian Banc annual dividend for 2023 was C$1.88
• Canadian Banc's trailing twelve-month (TTM) dividend yield is 14.2%
• 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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-31 | C$0.14 | monthly | 2024-11-08 |
2024-09-27 | C$0.14 | monthly | 2024-10-10 |
2024-08-30 | C$0.14 | monthly | 2024-09-10 |
2024-07-31 | C$0.14 | monthly | 2024-08-09 |
2024-06-28 | C$0.14 | monthly | 2024-07-10 |
2024-05-31 | C$0.14 | monthly | 2024-06-10 |
2024-04-29 | C$0.13 | monthly | 2024-05-10 |
2024-03-27 | C$0.13 | monthly | |
2024-02-28 | C$0.13 | monthly | |
2024-01-30 | C$0.13 | monthly | 2024-02-09 |
2023-12-28 | C$0.12 | monthly | 2024-01-10 |
2023-11-29 | C$0.12 | monthly | 2023-12-08 |
2023-10-30 | C$0.14 | monthly | 2023-11-10 |
2023-09-28 | C$0.16 | monthly | 2023-10-10 |
2023-08-30 | C$0.17 | monthly | 2023-09-08 |
2023-07-28 | C$0.16 | monthly | 2023-08-10 |
2023-06-29 | C$0.16 | monthly | 2023-07-10 |
2023-05-30 | C$0.17 | monthly | 2023-06-09 |
2023-04-27 | C$0.17 | monthly | 2023-05-10 |
2023-03-30 | C$0.17 | monthly | 2023-04-10 |
2023-02-27 | C$0.17 | monthly | 2023-03-10 |
2023-01-30 | C$0.17 | monthly | 2023-02-10 |
2022-12-29 | C$0.17 | monthly | 2023-01-10 |
2022-11-29 | C$0.16 | monthly | 2022-12-09 |
2022-10-28 | C$0.16 | monthly | 2022-11-10 |
2022-09-28 | C$0.17 | monthly | 2022-10-07 |
2022-08-30 | C$0.17 | monthly | 2022-09-09 |
2022-07-28 | C$0.17 | monthly | 2022-08-10 |
2022-06-29 | C$0.19 | monthly | 2022-07-08 |
2022-05-30 | C$0.18 | monthly | 2022-06-10 |
2022-04-28 | C$0.19 | monthly | 2022-05-10 |
2022-03-30 | C$0.19 | monthly | 2022-04-08 |
2022-02-25 | C$0.19 | monthly | 2022-03-10 |
2022-01-28 | C$0.18 | monthly | 2022-02-10 |
2021-12-30 | C$0.17 | monthly | 2022-01-10 |
2021-11-29 | C$0.16 | monthly | 2021-12-10 |
2021-10-28 | C$0.10 | monthly | 2021-11-10 |
2021-09-28 | C$0.10 | monthly | 2021-10-08 |
2021-08-30 | C$0.10 | monthly | 2021-09-10 |
2021-07-29 | C$0.10 | monthly | 2021-08-10 |
2021-06-29 | C$0.10 | monthly | 2021-07-09 |
2021-05-28 | C$0.09 | monthly | 2021-06-10 |
2021-04-29 | C$0.09 | monthly | 2021-05-10 |
2021-03-30 | C$0.09 | monthly | 2021-04-09 |
2021-02-25 | C$0.07 | monthly | 2021-03-10 |
2021-01-28 | C$0.07 | monthly | 2021-02-10 |
2020-12-30 | C$0.07 | monthly | 2021-01-08 |
2020-11-27 | C$0.06 | monthly | 2020-12-10 |
2020-10-29 | C$0.06 | monthly | 2020-11-10 |
2020-09-29 | C$0.06 | monthly | 2020-10-09 |
2020-08-28 | C$0.05 | monthly | 2020-09-10 |
2020-07-30 | C$0.05 | monthly | 2020-08-10 |
2020-06-29 | C$0.05 | monthly | 2020-07-10 |
2020-05-28 | C$0.06 | monthly | 2020-06-10 |
2020-04-29 | C$0.05 | monthly | 2020-05-08 |
2020-02-27 | C$0.09 | monthly | 2020-03-10 |
2020-01-30 | C$0.08 | monthly | 2020-02-10 |
2019-12-30 | C$0.09 | monthly | 2020-01-10 |
2019-11-28 | C$0.09 | monthly | 2019-12-10 |
2019-10-30 | C$0.09 | monthly | 2019-11-08 |
2019-09-27 | C$0.08 | monthly | 2019-10-10 |
2019-08-29 | C$0.09 | monthly | 2019-09-10 |
2019-07-30 | C$0.09 | monthly | 2019-08-09 |
2019-06-27 | C$0.09 | monthly | 2019-07-10 |
2019-05-30 | C$0.09 | monthly | 2019-06-10 |
2019-04-29 | C$0.09 | monthly | 2019-05-10 |
2019-03-28 | C$0.10 | monthly | 2019-04-10 |
2019-02-27 | C$0.09 | monthly | 2019-03-08 |
2019-01-30 | C$0.08 | monthly | 2019-02-08 |
2018-12-28 | C$0.09 | monthly | 2019-01-10 |
2018-11-29 | C$0.09 | monthly | 2018-12-10 |
2018-10-30 | C$0.11 | monthly | 2018-11-09 |
2018-09-27 | C$0.11 | monthly | 2018-10-10 |
2018-08-30 | C$0.11 | monthly | 2018-09-10 |
2018-07-30 | C$0.10 | monthly | 2018-08-10 |
2018-06-28 | C$0.10 | monthly | 2018-07-10 |
2018-05-30 | C$0.11 | monthly | 2018-06-08 |
2018-04-27 | C$0.11 | monthly | 2018-05-10 |
2018-03-28 | C$0.11 | monthly | 2018-04-10 |
2018-02-27 | C$0.12 | monthly | 2018-03-09 |
2018-01-30 | C$0.12 | monthly | 2018-02-09 |
2017-12-28 | C$0.11 | monthly | 2018-01-10 |
2017-11-29 | C$0.11 | monthly | 2017-12-08 |
2017-10-30 | C$0.11 | monthly | 2017-11-10 |
2017-09-28 | C$0.10 | monthly | 2017-10-10 |
2017-08-29 | C$0.10 | monthly | 2017-09-08 |
2017-07-27 | C$0.10 | monthly | 2017-08-10 |
2017-06-28 | C$0.10 | monthly | 2017-07-10 |
2017-05-29 | C$0.10 | monthly | 2017-06-09 |
2017-04-26 | C$0.11 | monthly | 2017-05-10 |
2017-03-29 | C$0.11 | monthly | 2017-04-10 |
2017-02-24 | C$0.10 | monthly | 2017-03-10 |
2017-01-27 | C$0.10 | monthly | 2017-02-10 |
2017-01-03 | C$0.50 | monthly | |
2016-12-28 | C$0.10 | monthly | 2017-01-10 |
2016-11-28 | C$0.10 | monthly | 2016-12-09 |
2016-10-27 | C$0.09 | monthly | 2016-11-10 |
2016-09-28 | C$0.09 | monthly | 2016-10-07 |
2016-08-29 | C$0.09 | monthly | 2016-09-09 |
2016-07-27 | C$0.08 | monthly | 2016-08-10 |
2016-06-28 | C$0.09 | monthly | 2016-07-08 |
2016-05-27 | C$0.09 | monthly | 2016-06-10 |
2016-04-27 | C$0.08 | monthly | 2016-05-10 |
2016-03-29 | C$0.07 | monthly | 2016-04-08 |
2016-02-25 | C$0.07 | monthly | 2016-03-10 |
2016-01-27 | C$0.08 | monthly | 2016-02-10 |
2015-12-29 | C$0.08 | monthly | 2016-01-08 |
2015-11-26 | C$0.09 | monthly | 2015-12-10 |
2015-10-28 | C$0.08 | monthly | 2015-11-10 |
2015-09-28 | C$0.09 | monthly | 2015-10-09 |
2015-08-27 | C$0.09 | monthly | 2015-09-10 |
2015-07-29 | C$0.10 | monthly | 2015-08-10 |
2015-06-26 | C$0.11 | monthly | 2015-07-10 |
2015-05-27 | C$0.11 | monthly | 2015-06-10 |
2015-04-28 | C$0.11 | monthly | 2015-05-08 |
2015-03-27 | C$0.12 | monthly | 2015-04-10 |
2015-02-25 | C$0.11 | monthly | 2015-03-10 |
2015-01-28 | C$0.11 | monthly | 2015-02-10 |
2014-12-29 | C$0.12 | monthly | 2015-01-09 |
2014-11-26 | C$0.12 | monthly | 2014-12-10 |
2014-10-29 | C$0.11 | monthly | 2014-11-10 |
2014-09-26 | C$0.12 | monthly | 2014-10-10 |
2014-08-27 | C$0.11 | monthly | 2014-09-10 |
2014-07-29 | C$0.11 | monthly | 2014-08-08 |
2014-06-26 | C$0.11 | monthly | 2014-07-10 |
2014-05-28 | C$0.11 | monthly | 2014-06-10 |
2014-04-28 | C$0.11 | monthly | 2014-05-09 |
2014-03-27 | C$0.11 | monthly | 2014-04-10 |
2014-02-26 | C$0.10 | monthly | 2014-03-10 |
2014-01-29 | C$0.10 | monthly | 2014-02-10 |
2013-12-27 | C$0.10 | monthly | 2014-01-10 |
2013-11-27 | C$0.10 | monthly | 2013-12-10 |
2013-10-29 | C$0.09 | monthly | 2013-11-08 |
2013-09-26 | C$0.08 | monthly | 2013-10-10 |
2013-08-28 | C$0.05 | monthly | 2013-09-10 |
2013-07-29 | C$0.05 | monthly | 2013-08-09 |
2013-06-26 | C$0.05 | monthly | 2013-07-10 |
2013-05-29 | C$0.05 | monthly | 2013-06-10 |
2013-04-26 | C$0.05 | monthly | 2013-05-10 |
2013-03-26 | C$0.05 | monthly | 2013-04-10 |
2013-02-26 | C$0.05 | monthly | 2013-03-08 |
2013-01-29 | C$0.05 | monthly | 2013-02-08 |
Canadian Banc Dividend per year
Canadian Banc Dividend growth
Canadian Banc Dividend Yield
Canadian Banc current trailing twelve-month (TTM) dividend yield is 14.2%. Interested in purchasing Canadian Banc stock? Use our calculator to estimate your expected dividend yield:
Canadian Banc Financial Ratios
Canadian Banc Dividend FAQ
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.
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.
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.
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.
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.