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Canadian Banc Corp. Dividends

BK.TO Stock Analysis

Page title

Section title

Dividend Yield
14.77%
Payout Ratio
72.92%
Dividend Amount Per Share
$1.70
Last Ex-Dividend Date
Aug 30, 2024

BK.TO Dividend Safety

BK.TO paid out 72.92% of its -$14M earnings as dividends over the last 12 months.

Very Unsafe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

BK.TO's Dividend Payout Ratio of 72.918% is considered high for the Financial Services sector, potentially restricting the funds available for reinvestment and threatening future growth.

Interest Rate Coverage

BK.TO's Interest Coverage Ratio of 0 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.

Income Quality

BK.TO shows excellent income quality with a ratio of 3.385. This indicates high-quality earnings and low risk of dividend cuts.

BK.TO Dividend Growth

Canadian Banc Corp.(BK.TO) offers a dividend yield of 14.77% and pays $1.70 in dividends per share. Explore the historical dividend growth of BK.TO.

Dividend Stability

BK.TO has shown inconsistent dividend payments over the past 10 years with 20 cuts over 5%.

Dividend Growth

BK.TO's dividend payments have increased by 11.196% annually over the last 5 years.

Earnings Growth

BK.TO's earnings have shown very poor growth, shrinking by -32.853% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

BK.TO Dividend Yield Attractiveness

Canadian Banc Corp.(BK.TO) provides a dividend yield of 14.77%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

Industry

Sector

Peers

BK.TO

3.14%

3.73%

13.43%

14.77%

Dividend Yield

BK.TO's dividend yield of 14.77% is considered high compared to the sector average of 3.73%, indicating a higher potential risk for investors.

BK.TO Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Canadian Banc Corp.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.

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