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First Asset CanBanc Split (TSX:CBU.PR.A.PFD) Dividend Yield % : 1.63% (As of Sep. 20, 2024)


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What is First Asset CanBanc Split Dividend Yield %?

As of today (2024-09-20), the Trailing Annual Dividend Yield of First Asset CanBanc Split is 1.63%.

The historical rank and industry rank for First Asset CanBanc Split's Dividend Yield % or its related term are showing as below:

TSX:CBU.PR.A.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 1.63   Med: 4.09   Max: 5.11
Current: 1.63

During the past 6 years, the highest Dividend Yield of First Asset CanBanc Split was 5.11%. The lowest was 1.63%. And the median was 4.09%.

TSX:CBU.PR.A.PFD's Dividend Yield % is not ranked
in the Asset Management industry.
Industry Median: 5.485 vs TSX:CBU.PR.A.PFD: 1.63

First Asset CanBanc Split's Dividend Payout Ratio for the six months ended in Jun. 2015 was 0.00.

During the past 6 years, the highest Dividend Payout Ratio of First Asset CanBanc Split was 0.28. The lowest was 0.00. And the median was 0.28.

As of today (2024-09-20), the Forward Dividend Yield % of First Asset CanBanc Split is 0.00%.

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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


First Asset CanBanc Split Dividend Yield % Historical Data

The historical data trend for First Asset CanBanc Split's Dividend 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.

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First Asset CanBanc Split Dividend Yield % Chart

First Asset CanBanc Split Annual Data
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Dividend Yield %
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First Asset CanBanc Split Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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Competitive Comparison of First Asset CanBanc Split's Dividend Yield %

For the Asset Management subindustry, First Asset CanBanc Split's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution in the Asset Management Industry

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

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



First Asset CanBanc Split 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) 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 Dividend Yield % Related Terms

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First Asset CanBanc Split Business Description

Traded in Other Exchanges
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Address
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 Headlines

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