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Life & Banc Split Corp. is a closed-ended equity mutual fund launched and managed by Brompton Funds Limited. The fund invests in the public equity markets of Canada. It seeks to invest in stocks of companies operating across banking and life insurance sector. The fund primarily invests in the stocks of the six largest banks of the country, as well as of life insurance companies, utilizing a split share structure on a low cost basis. It benchmarks the performance of its portfolio against the S&P/TSX Capped Financials Index and S&P/TSX Composite Index. Life & Banc Split Corp. was formed on September 6, 2006 and is domiciled in Canada.

Life & Banc Split Dividend Announcement

Life & Banc Split announced a monthly dividend of C$0.10 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-27
Life & Banc Split annual dividend for 2024 was C$0.90
Life & Banc Split annual dividend for 2023 was C$1.20
Life & Banc Split's trailing twelve-month (TTM) dividend yield is 14.0%
Life & Banc Split's payout ratio for the trailing twelve months (TTM) is 130.46%

Life & Banc Split Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-27C$0.10monthly2024-10-15
2024-08-30C$0.10monthly2024-09-16
2024-07-31C$0.10monthly2024-08-15
2024-06-28C$0.10monthly2024-07-15
2024-05-31C$0.10monthly2024-06-14
2024-04-29C$0.10monthly2024-05-14
2024-03-27C$0.10monthly
2024-02-28C$0.10monthly
2024-01-30C$0.10monthly2024-02-14
2023-12-28C$0.10monthly2024-01-15
2023-11-29C$0.10monthly2023-12-14
2023-10-30C$0.10monthly2023-11-14
2023-09-28C$0.10monthly2023-10-16
2023-08-30C$0.10monthly2023-09-15
2023-07-28C$0.10monthly2023-08-15
2023-06-29C$0.10monthly2023-07-17
2023-05-30C$0.10monthly2023-06-14
2023-04-27C$0.10monthly2023-05-12
2023-03-30C$0.10monthly2023-04-17
2023-02-27C$0.10monthly2023-03-14
2023-01-30C$0.10monthly2023-02-14
2022-12-29C$0.10monthly2023-01-16
2022-11-29C$0.10monthly2022-12-14
2022-10-28C$0.10monthly2022-11-14
2022-09-28C$0.10monthly2022-10-17
2022-08-30C$0.10monthly2022-09-15
2022-07-28C$0.10monthly2022-08-15
2022-06-29C$0.10monthly2022-07-15
2022-05-30C$0.10monthly2022-06-14
2022-04-28C$0.10monthly2022-05-13
2022-03-30C$0.10monthly2022-04-14
2022-02-25C$0.10monthly2022-03-14
2022-01-28C$0.10monthly2022-02-14
2021-12-30C$0.10monthly2022-01-17
2021-11-29C$0.10monthly2021-12-14
2021-10-28C$0.10monthly2021-11-12
2021-09-28C$0.10monthly2021-10-15
2021-08-30C$0.10monthly2021-09-15
2021-07-29C$0.10monthly2021-08-16
2021-06-29C$0.10monthly2021-07-15
2021-05-28C$0.10monthly2021-06-14
2021-04-29C$0.10monthly2021-05-14
2021-03-30C$0.10monthly2021-04-15
2021-02-25C$0.10monthly2021-03-12
2021-01-28C$0.10monthly2021-02-12
2020-12-30C$0.10monthly2021-01-15
2020-11-27C$0.10monthly2020-12-14
2020-02-27C$0.10monthly2020-03-13
2020-01-30C$0.10monthly2020-02-14
2019-12-30C$0.10monthly2020-01-15
2019-11-28C$0.10monthly2019-12-13
2019-10-30C$0.10monthly2019-11-14
2019-09-27C$0.10monthly2019-10-15
2019-08-29C$0.10monthly2019-09-16
2019-07-30C$0.10monthly2019-08-15
2019-06-27C$0.10monthly2019-07-15
2019-05-30C$0.10monthly2019-06-14
2019-04-29C$0.10monthly2019-05-14
2019-03-28C$0.10monthly2019-04-12
2019-02-27C$0.10monthly2019-03-14
2019-01-30C$0.10monthly2019-02-14
2018-12-28C$0.10monthly2019-01-15
2018-11-29C$0.10monthly2018-12-14
2018-10-30C$0.10monthly2018-11-14
2018-09-27C$0.10monthly2018-10-15
2018-08-30C$0.10monthly2018-09-17
2018-07-30C$0.10monthly2018-08-15
2018-06-28C$0.10monthly2018-07-16
2018-05-30C$0.10monthly2018-06-14
2018-04-27C$0.10monthly2018-05-14
2018-03-28C$0.10monthly2018-04-13
2018-02-27C$0.10monthly2018-03-14
2018-01-30C$0.10monthly2018-02-14
2017-12-28C$0.10monthly2018-01-15
2017-11-29C$0.10monthly2017-12-14
2017-10-30C$0.10monthly2017-11-14
2017-09-28C$0.10monthly2017-10-16
2017-08-29C$0.10monthly2017-09-15
2017-07-27C$0.10monthly2017-08-15
2017-06-28C$0.10monthly2017-07-17
2017-05-29C$0.10monthly2017-06-14
2017-04-26C$0.10monthly2017-05-12
2017-03-29C$0.10monthly2017-04-17
2017-02-24C$0.10monthly2017-03-14
2017-01-27C$0.10monthly2017-02-14
2016-12-28C$0.10monthly2017-01-16
2016-11-28C$0.10monthly2016-12-14
2016-10-27C$0.10monthly2016-11-14
2016-09-28C$0.10monthly2016-10-17
2016-08-29C$0.10monthly2016-09-15
2016-07-27C$0.10monthly2016-08-15
2016-06-28C$0.10monthly2016-07-15
2016-05-27C$0.10monthly2016-06-14
2016-04-27C$0.10monthly2016-05-13
2016-03-29C$0.10monthly2016-04-14
2016-02-25C$0.10monthly2016-03-14
2016-01-27C$0.10monthly2016-02-12
2015-12-29C$0.10monthly2016-01-15
2015-11-26C$0.10monthly2015-12-14
2015-10-28C$0.10monthly2015-11-13
2015-09-28C$0.10monthly2015-10-15
2015-08-27C$0.10monthly2015-09-15
2015-07-29C$0.10monthly2015-08-17
2015-06-26C$0.10monthly2015-07-15
2015-05-27C$0.10monthly2015-06-12
2015-04-28C$0.10monthly2015-05-14
2015-03-27C$0.10monthly2015-04-15
2015-02-25C$0.10monthly2015-03-13
2015-01-28C$0.10monthly2015-02-13
2014-12-29C$0.10monthly2015-01-15
2014-11-26C$0.10monthly2014-12-12
2014-10-29C$0.10monthly2014-11-14
2014-09-26C$0.10monthly2014-10-15
2014-08-27C$0.10monthly2014-09-15
2014-07-29C$0.10monthly2014-08-15
2014-06-26C$0.10monthly2014-07-15
2014-05-28C$0.10monthly2014-06-13
2014-04-28C$0.10monthly2014-05-14
2014-03-27C$0.10monthly2014-04-14
2014-02-26C$0.10monthly2014-03-14
2014-01-29C$0.10monthly2014-02-14
2013-12-27C$0.10monthly2014-01-15
2013-11-27C$0.10monthly2013-12-13
2013-10-29C$0.10monthly2013-11-14
2013-09-26C$0.10monthly2013-10-15
2013-08-28C$0.10monthly2013-09-16
2013-07-29C$0.10monthly2013-08-15
2013-06-26C$0.10monthly2013-07-15
2013-05-29C$0.10monthly2013-06-14
2013-04-26C$0.10monthly2013-05-14
2013-03-26C$0.10monthly2013-04-12
2013-02-26C$0.10monthly2013-03-14
2013-01-29C$0.10monthly2013-02-14

Life & Banc Split Dividend per year

Life & Banc Split Dividend growth

Life & Banc Split Dividend Yield

Life & Banc Split current trailing twelve-month (TTM) dividend yield is 14.0%. Interested in purchasing Life & Banc Split stock? Use our calculator to estimate your expected dividend yield:

Life & Banc Split Financial Ratios

P/E ratio5.65
PEG ratio-0.11
P/B ratio1.18
ROE21.08%
Payout ratio130.46%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.03

Life & Banc Split Dividend FAQ

How much is the next Life & Banc Split dividend?
Life & Banc Split's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Life & Banc Split dividend. The next Life & Banc Split dividend will be released in January, February, March, April, May, June, July, August, September, October, November, or December.
When is Life & Banc Split dividend paid?
Life & Banc Split 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 Life & Banc Split pay?
The specific amount of Life & Banc Split 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 Life & Banc Split's dividend history.
Does Life & Banc Split stock pay dividends?
Yes, Life & Banc Split 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 Life & Banc Split's dividend history.
How much dividend does Life & Banc Split pay?
Life & Banc Split paid C$0.9 in 2024, C$1.2 in 2023, C$1.2 in 2022, C$1.2 in 2021, and C$0.4 in 2020.
How often does Life & Banc Split pay dividends?
Life & Banc Split 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 Life & Banc Split's dividend yield?
The current dividend yield for Life & Banc Split is 14.0%. 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 Life & Banc Split's exact dividend yield.
When does Life & Banc Split go ex dividend?
Life & Banc Split's ex-dividend date for the latest dividend was on 2024-09-27. Life & Banc Split 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 Life & Banc Split dividend paid?
Life & Banc Split 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 Life & Banc Split 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 Life & Banc Split 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 Life & Banc Split dividend per share?
Life & Banc Split paid C$0.9 per share in 2024 and C$1.2 per share in 2023. The amount of dividend per share that Life & Banc Split 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 Life & Banc Split 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 Life & Banc Split 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 Life & Banc Split a dividend stock?
Yes, Life & Banc Split is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Life & Banc Split a good dividend stock?
Whether Life & Banc Split is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Life & Banc Split has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Life & Banc Split 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 Life & Banc Split pay dividends monthly?
Life & Banc Split typically pays dividends on a monthly basis.
Does Life & Banc Split pay dividends quarterly?
Life & Banc Split currently pays dividends on a monthly basis.
Has Life & Banc Split ever paid a dividend?
Yes, Life & Banc Split has a history of paying dividends to its shareholders. Life & Banc Split is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Life & Banc Split dividend stocks?
To buy Life & Banc Split 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 Life & Banc Split 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 Life & Banc Split pay dividends 2024?
Life & Banc Split pays dividends on a monthly basis. 2024 dividend payments are in 2024-10-15. 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 Life & Banc Split increase its dividend in 2024?
Decisions regarding Life & Banc Split 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 Life & Banc Split dividend overview you can look into the above table of dividend history.
How Life & Banc Split dividend works?
The Life & Banc Split 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 Life & Banc Split's dividend process works:

1. Determination of Dividend: Life & Banc Split'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, Life & Banc Split 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, Life & Banc Split 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 Life & Banc Split 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 Life & Banc Split dividends paid?
Life & Banc Split dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Life & Banc Split 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, Life & Banc Split distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Life & Banc Split 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 Life & Banc Split pay dividends?
Life & Banc Split 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 Life & Banc Split pay dividends?
The general pattern is that Life & Banc Split 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 Life & Banc Split dividend safe?
The safety of Life & Banc Split'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 Life & Banc Split'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 Life & Banc Split'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.