First Asset CanBanc Split (TSX:CBU.PR.A.PFD) Forward Dividend Yield % : 0.00% (As of May. 16, 2024)

View and export this data going back to . Start your Free Trial

What is First Asset CanBanc Split Forward Dividend Yield %?

As of today (2024-05-16), the Forward Annual Dividend Yield of First Asset CanBanc Split is 0.00%.

As of today (2024-05-16), the Trailing Annual Dividend Yield of First Asset CanBanc Split is 1.63%.

TSX:CBU.PR.A.PFD's Forward Dividend Yield % is not ranked ^*
in the Asset Management industry.
Industry Median: 5.735
* Ranked among companies with meaningful Forward Dividend Yield % only.

First Asset CanBanc Split's Dividends per Share for the six months ended in Jun. 2015 was C$0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of First Asset CanBanc Split's Forward Dividend Yield %

For the Asset Management subindustry, First Asset CanBanc Split's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Asset CanBanc Split's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Asset CanBanc Split's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where First Asset CanBanc Split's Forward Dividend Yield % falls into.

First Asset CanBanc Split Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

First Asset CanBanc Split (TSX:CBU.PR.A.PFD) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

First Asset CanBanc Split Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of First Asset CanBanc Split's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

First Asset CanBanc Split (TSX:CBU.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Asset CanBanc Split Corp (TSX:CBU.PR.A.PFD) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.firstasset.com

First Asset CanBanc Split Corp was incorporated under the laws of the Province of Ontario on September 5, 2008, is a mutual fund corporation whose investment portfolio consists of common shares of the six largest Canadian banks. The Fund's objectives in managing its capital with respect to the preferred shares are to provide preferred shareholders with fixed cumulative preferential quarterly cash distributions in the amount of $0.1625 per preferred share and to return the original issue price to preferred shareholders at the time of redemption of such shares on or about January 15, 2016. The Fund's objectives in managing its capital with respect to the Class A shares are to provide Class A shareholders with the opportunity to participate in the performance of the Fund's portfolio on a leveraged basis and to benefit from any increase in the dividends from the securities in the Fund's portfolio.

First Asset CanBanc Split (TSX:CBU.PR.A.PFD) Headlines

No Headlines