Life & Banc Split Corp. Declares Monthly Dividend of $0.10 (TSE:LBS)

Life & Banc Split Corp. (TSE:LBS) declared a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.10 per share on Friday, February 14th. This represents a $1.20 annualized dividend and a yield of 13.95%. The ex-dividend date is Friday, January 31st.

Life & Banc Split Price Performance

Life & Banc Split stock opened at C$8.60 on Friday. The firm has a 50-day moving average of C$9.10 and a two-hundred day moving average of C$8.54. The stock has a market cap of C$392.85 million, a price-to-earnings ratio of 16.54 and a beta of 1.83. Life & Banc Split has a 1 year low of C$7.21 and a 1 year high of C$9.71. The company has a debt-to-equity ratio of 147.51, a current ratio of 1.66 and a quick ratio of 1.69.

Life & Banc Split Company Profile

Life & Banc Split Corp. is a closed-ended equity mutual fund launched and managed by Brompton Funds Limited. The fund invests in the public equity markets of Canada. It seeks to invest in stocks of companies operating across banking and life insurance sector. The fund primarily invests in the stocks of the six largest banks of the country, as well as of life insurance companies, utilizing a split share structure on a low cost basis.