Life & Banc Split (TSX:LBS) Dividend Payout Ratio : 0.90 (As of Dec. 2023)

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What is Life & Banc Split Dividend Payout Ratio?

Life & Banc Split's dividend payout ratio for the months ended in Dec. 2023 was 0.90.

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

TSX:LBS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.23 Max: 0.82
Current: 0.82

During the past 13 years, the highest Dividend Payout Ratio of Life & Banc Split was 0.82. The lowest was 0.12. And the median was 0.23.

TSX:LBS's Dividend Payout Ratio is ranked better than
51.33% of 939 companies
in the Asset Management industry
Industry Median: 0.83 vs TSX:LBS: 0.82

As of today (2024-04-30), the Dividend Yield % of Life & Banc Split is 15.60%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Life & Banc Split was 15.60%. The lowest was 4.57%. And the median was 5.10%.

Life & Banc Split's Dividends per Share for the months ended in Dec. 2023 was C$0.60.

During the past 12 months, Life & Banc Split's average Dividends Per Share Growth Rate was 5.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Life & Banc Split was 69.40% per year. The lowest was -3.30% per year. And the median was 1.10% per year.

The growth rate is calculated with least square regression.

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

Life & Banc Split Dividend Payout Ratio Historical Data

The historical data trend for Life & Banc Split'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.

Life & Banc Split Dividend Payout Ratio Chart

Life & Banc Split Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.38

0.25

0.81

Life & Banc Split Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.47	-	1.34	0.76	0.90

Competitive Comparison of Life & Banc Split's Dividend Payout Ratio

For the Asset Management subindustry, Life & Banc Split'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.

Life & Banc Split's Dividend Payout Ratio Distribution in the Asset Management Industry

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

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

Life & Banc Split Dividend Payout Ratio Calculation

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

Life & Banc Split's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.2	/	1.49
	=	0.81

Life & Banc Split's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.6	/	0.669
	=	0.90

Life & Banc Split (TSX:LBS) 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.

Life & Banc Split Dividend Payout Ratio Related Terms

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

Life & Banc Split (TSX:LBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Life & Banc Split Corp (TSX:LBS) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

LBS.PR.A:Canada

Address

181 Bay Street, Brookfield Place, Suite 2930, P.O. Box 793, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3

Website

https://www.bromptongroup.com

Life & Banc Split Corp is a mutual fund company. Its investment objectives are to provide holders of preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for capital appreciation. Primarily, it invests in a portfolio comprising of common shares of Canadian banks and publicly traded Canadian life insurance companies.

Life & Banc Split (TSX:LBS) Headlines

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