Life & Banc Split Corp. (LBS) to Issue Monthly Dividend of $0.10 on December 12th

Life & Banc Split Corp. (TSE:LBS) declared a monthly dividend on Friday, November 28th, TickerTech Dividends reports. Stockholders of record on Friday, December 12th will be given a dividend of 0.10 per share on Friday, December 12th. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date of this dividend is Friday, November 28th.

Life & Banc Split Stock Up 0.7%

LBS stock traded up C$0.08 during trading on Wednesday, hitting C$11.23. 59,198 shares of the company’s stock traded hands, compared to its average volume of 83,537. The firm has a market capitalization of C$1.11 billion, a P/E ratio of 2.10 and a beta of 1.71. Life & Banc Split has a 1 year low of C$6.65 and a 1 year high of C$11.34. The business has a fifty day simple moving average of C$11.08 and a two-hundred day simple moving average of C$10.12.

About Life & Banc Split

To provide holders of Preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date. To provide holders of Class A shares with regular monthly cash distributions4 and the opportunity for capital appreciation.