Cash Dividend On The Way From Life & Banc Split Corp. (LBS)

On 11/26/14, Life & Banc Split Corp. (TSX: LBS.TO) will trade ex-dividend, for its monthly dividend of $0.10, payable on 12/12/14. As a percentage of LBS's recent stock price of $10.77, this dividend works out to approximately 0.93%, so look for shares of Life & Banc Split Corp. to trade 0.93% lower — all else being equal — when LBS shares open for trading on 11/26/14.

Below is a dividend history chart for LBS, showing historical dividends prior to the most recent $0.10 declared by Life & Banc Split Corp.:

LBS+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LBS is likely to continue, and whether the current estimated yield of 11.14% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LBS shares, versus its 200 day moving average:

Life & Banc Split Corp. 200 Day Moving Average Chart

Looking at the chart above, LBS's low point in its 52 week range is $8.86 per share, with $11.20 as the 52 week high point — that compares with a last trade of $10.77.

In Monday trading, Life & Banc Split Corp. shares are currently up about 0.3% on the day.

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