Cash Dividend On The Way From Allbanc Split Corporation Class A (ABK-A)

On 11/22/16, Allbanc Split Corporation Class A (TSX: ABK-A.TO) will trade ex-dividend, for its quarterly dividend of $0.485, payable on 12/9/16. As a percentage of ABK.A's recent stock price of $62.00, this dividend works out to approximately 0.78%, so look for shares of Allbanc Split Corporation Class A to trade 0.78% lower — all else being equal — when ABK.A shares open for trading on 11/22/16.

Below is a dividend history chart for ABK.A, showing historical dividends prior to the most recent $0.485 declared by Allbanc Split Corporation Class A:

ABK.A+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 ABK.A is likely to continue, and whether the current estimated yield of 3.13% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ABK.A shares:

Allbanc Split Corporation Class A 200 Day Moving Average Chart

Looking at the chart above, ABK.A's low point in its 52 week range is $39.98 per share, with $62.00 as the 52 week high point — that compares with a last trade of $62.00.

In Friday trading, Allbanc Split Corporation Class A shares are currently trading flat on the day.

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