Ex-Div Reminder For Life & Banc Split (LBS)

On 6/26/15, Life & Banc Split Corp. (TSX: LBS.TO) will trade ex-dividend, for its monthly dividend of $0.10, payable on 7/15/15. As a percentage of LBS's recent stock price of $9.87, this dividend works out to approximately 1.01%, so look for shares of Life & Banc Split Corp. to trade 1.01% lower — all else being equal — when LBS shares open for trading on 6/26/15.

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


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 12.16% 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 $8.80 per share, with $11.20 as the 52 week high point — that compares with a last trade of $9.87.

In Wednesday trading, Life & Banc Split Corp. shares are currently trading flat on the day.

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