SBC Dividend Yield Pushes Past 8%

In trading on Friday, shares of Brompton Split Banc Corp. (TSX: SBC.TO) were yielding above the 8% mark based on its monthly dividend (annualized to $1.20), with the stock changing hands as low as $14.65 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.

In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Brompton Split Banc Corp., looking at the history chart for SBC below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 8% annual yield.

START SLIDESHOW:
Click here to find out which 9 other Canadian dividend stocks just recently went ''on sale'' and crossed into new yield territory »

SBC+Dividend+History+Chart

The chart below shows the one year performance of SBC shares, versus its 200 day moving average:

Brompton Split Banc Corp. 200 Day Moving Average Chart

Looking at the chart above, SBC's low point in its 52 week range is $11.30 per share, with $15.22 as the 52 week high point — that compares with a last trade of $14.74.

More from Stocks

Tesla Model 3 Delivery Time Falls, but Will It Help the Stock?

Tesla Model 3 Delivery Time Falls, but Will It Help the Stock?

Baidu Stock Plummets After COO Qi Lu Resignation

Baidu Stock Plummets After COO Qi Lu Resignation

18 Top Stocks Hedge Funds Own That Goldman Sachs Thinks Will Keep Outperforming

18 Top Stocks Hedge Funds Own That Goldman Sachs Thinks Will Keep Outperforming

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

One Chart on Global Trade Conditions Should Make You Worried About Stocks

One Chart on Global Trade Conditions Should Make You Worried About Stocks