Canadian Banc (Canadian Banc) Dividend Payout Ratio : 0.00 (As of Nov. 2023)

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What is Canadian Banc Dividend Payout Ratio?

Canadian Banc's dividend payout ratio for the months ended in Nov. 2023 was 0.00.

The historical rank and industry rank for Canadian Banc's Dividend Payout Ratio or its related term are showing as below:

During the past 13 years, the highest Dividend Payout Ratio of Canadian Banc was 0.76. The lowest was 0.22. And the median was 0.40.

CNDCF's Dividend Payout Ratio is not ranked ^*
in the Asset Management industry.
Industry Median: 0.78
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-06-16), the Dividend Yield % of Canadian Banc is 16.07%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Canadian Banc was 22.09%. The lowest was 4.86%. And the median was 9.62%.

Canadian Banc's Dividends per Share for the months ended in Nov. 2023 was $0.67.

During the past 12 months, Canadian Banc's average Dividends Per Share Growth Rate was -8.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 39.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canadian Banc was 48.00% per year. The lowest was -24.20% per year. And the median was 4.20% per year.

The growth rate is calculated with least square regression.

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

Canadian Banc Dividend Payout Ratio Historical Data

The historical data trend for Canadian Banc's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canadian Banc Dividend Payout Ratio Chart

Canadian Banc Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Dividend Payout Ratio

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0.69

0.22

Canadian Banc Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.98	4.37	-	-	-

Competitive Comparison of Canadian Banc's Dividend Payout Ratio

For the Asset Management subindustry, Canadian Banc's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Canadian Banc's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Canadian Banc's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Banc's Dividend Payout Ratio falls into.

Canadian Banc Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Canadian Banc's Dividend Payout Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Nov. 2023 )	/	EPS without NRI (A: Nov. 2023 )
	=	1.402	/	-1.32
	=	N/A

Canadian Banc's Dividend Payout Ratio for the quarter that ended in Nov. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Nov. 2023 )	/	EPS without NRI (Q: Nov. 2023 )
	=	0.666	/	-0.092
	=	N/A

Canadian Banc (OTCPK:CNDCF) Dividend Payout Ratio Explanation

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.

Canadian Banc Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Canadian Banc's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Canadian Banc (Canadian Banc) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Canadian Banc Corp (OTCPK:CNDCF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

BK.PR.A.PFD:Canada BK:Canada

Address

200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2

Website

https://www.quadravest.com

Canadian Banc Corp is a Canadian-based company operating in the financial services sector. The Company invests in an actively managed portfolio of common shares comprised of 6 Canadian chartered banks. The Company employs an active covered call writing program to enhance the income earned from the portfolio.

Canadian Banc (Canadian Banc) Headlines

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