Canadian Banc - BK Stock Forecast, Price & News

Canadian Banc's stock was trading at C$13.86 at the start of the year. Since then, BK stock has decreased by 6.6% and is now trading at C$12.94.
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Canadian Banc declared a monthly dividend on Tuesday, August 30th. Investors of record on Friday, September 9th will be paid a dividend of 0.1656 per share on Friday, September 9th. This represents a $1.99 dividend on an annualized basis and a dividend yield of 15.36%. The ex-dividend date is Tuesday, August 30th. This is an increase from the stock's previous monthly dividend of C$0.16.
Read our dividend analysis for BK.

Canadian Banc (TSE:BK) pays an annual dividend of C$1.76 per share and currently has a dividend yield of 15.80%. BK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 179.88%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for BK.

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Banc investors own include Corus Entertainment (CJR.B), Toronto-Dominion Bank (TD), WestJet Airlines (WJA), Asbury Automotive Group (ABG), Alliance Data Systems (ADS), Artisan Partners Asset Management (APAM), Alibaba Group (BABA), Bank of America (BAC) and Brookfield Infrastructure Partners (BIP).

Canadian Banc trades on the Toronto Stock Exchange (TSX) under the ticker symbol "BK."

Shares of BK stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of BK stock can currently be purchased for approximately C$12.94.

Canadian Banc (TSE:BK) has a market capitalization of C$164.16 million and generates C$18.70 million in revenue each year.

The company employs 2,018 workers across the globe.

Canadian Banc's mailing address is 77 King Street West Suite 4500 Stn Toronto Dom PO Box 341, TORONTO, ON M5K 1K7, Canada. The official website for the company is www.quadravest.com. The company can be reached via phone at +1-416-3044443.