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Life & Banc Split (TSX:LBS) Total Payout Yield % : -2.08 (As of May. 21, 2024)


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What is Life & Banc Split Total Payout Yield %?

Total Payout Yield % is the percent a company has paid to its shareholders through net repurchases of shares and dividends based on its Market Cap. It is a measure of shareholder return.

Life & Banc Split's current Total Payout Yield % is -2.08%.

Life & Banc Split Total Payout Yield % Historical Data

The historical data trend for Life & Banc Split's Total Payout Yield % 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 Total Payout Yield % Chart

Life & Banc Split Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Payout Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.55 7.31 4.02 -4.41 -2.17

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
Total Payout Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.89 -9.51 0.54 -8.98 5.09

Competitive Comparison of Life & Banc Split's Total Payout Yield %

For the Asset Management subindustry, Life & Banc Split's Total Payout Yield %, along with its competitors' market caps and Total Payout 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.

Life & Banc Split's Total Payout Yield % Distribution in the Asset Management Industry

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

* The bar in red indicates where Life & Banc Split's Total Payout Yield % falls into.


Life & Banc Split Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

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

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Market Cap
=- (-0.841 + 54.514 + -46.583) / 326.142168
=-2.17%

Life & Banc Split's annualized Total Payout Yield % for the quarter that ended in Dec. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) * Annualized Factor / Market Cap
=- (-0.834 + 16.282 + -23.755) * 2 / 326.142168
=5.09%

* 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.

Life & Banc Split Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.

Life & Banc Split Total Payout Yield % Related Terms

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Life & Banc Split (TSX:LBS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Life & Banc Split Corp (TSX:LBS) » Definitions » Total Payout Yield %
Comparable Companies
TSX:FTN TSX:AIM TSX:HFPC.U TSX:ENS TSX:QRC TSX:FFN TSX:PTI.UN TSX:OLY TSX:BK TSXV:TINY BLK BX KKR OSTO:INVE A TSX:BN APO BK AMP XSWX:PGHN OSTO:EQT
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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