SBC Brompton Split Banc Corp Class A Share - https://canadianpreferredshares.ca/sbc-brompton-split-banc-corp-class-a-share/


SBC Brompton Split Banc Corp Class A Share

In this page I have compiled the information which allows you to evaluate SBC Brompton Split Banc Corp Class A Share, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the Class A shares of this split-corporation. Your goal is to determine if this issue meets your requirements. These tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.

In a market with low volumes you can use this information to identify mispriced shares.

Brompton Split Banc Corp Brief Overview

Visit the Brompton Split Banc Corp company website to see the preferred share prospectus, news and other information.

Sector: Split Share
Main Features of this Spit Share Instrument:

  1. Brompton Split Banc Corp is an Instrument investing Approximately equal weight portfolio of common shares of Canada’s Big Six banks
  2. The Big Six Canadian Banks have outperformed the S&P/TSX Composite Index over the long term and have increased dividends
  3. Preferrreds: 5-year term, subject to extension for periods of up to five years, as determined by the board of directors
  4. Preferrreds: Quarterly cumulative preferred distributions (primarily eligible Canadian dividends)
  5. Preferrreds: Dividend resets at end-of-term extension, based on comparable market yields, without complicated reset formulas
  6. Preferrreds: Shareholders option to redeem at end-of-term, with no restrictions.
NOTE: THIS IS A SPLIT SHARE INSTRUMENT BY "Brompton FUNDS"

Brompton Split Banc Corp offers two type of shares,

  1. Class A shares that pay monthly distributions representing a yield of 11.32%(Jan 03, 2021) per annum on the issue price
  2. Preferred shares that pay a quarterly distribution representing a yield of 4.83% per annum on the issue price of $10.00

The latest information and statistics on their common stock SBC, can be easily accessed using websites like TMX Money.

Brompton Split Banc Corp Credit Rating

The latest credit rating for Brompton Split Banc Corp are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.

S&P CorporateS&P PreferredsDBRS Long TermDBRS PreferredsS&P Global CorporateS&P Global PreferredsMoody's LongTermFitch Long TermFitch Short Term
PFD-3H

Brompton Split Banc Corp Class A Share Metrics

Symbol: TSE:SBCPrice: $12.40Currency: CADName: Brompton Split Banc Corp :  
Dividend: $0.1000Target Yield: 8.00%Current Yield: 9.68%Dividend Pay Frequency: Monthly :  
Current NAV: $19.91NAV As Of Date: 2022-07-07NAV Threshold: $15.00Class A Only NAV: $9.90Class A Issue Price: $15.00
Variable Dividend: NOutstanding Float: 13,516,613Total Distributions: $23.56Class A Only Distributions: $19.5500Issuer Name: Brompton funds

SBC Net Asset Value vs Threshold over time

The graph below shows relation between the Split Share Net Asset Value and the dividend payout threshold for split shares ( SBC ) over time. Place the mouse cursor over the graph to reveal data like (date, Split Share price detail).

Keep in mind if the share price of any of these split shares fall below the threshold of $15.00, the dividend will not be paid out.

SBC Current Yield over time

The graph below shows the Current Yield of the Class A share ( SBC ) over time. Place the mouse cursor over the graph to reveal data like (date, Split Share price detail).

Keep in mind if the share price of any of these split shares fall below the threshold, the dividend will not be paid out.

SBC Class A of Split Share Stock Short Position over time

The graph below shows the short position for SBC Class A share over time. Place the mouse cursor over the graph to reveal data like (date, short position detail).

Currently the outstanding float for SBC is 13,516,613 and the latest short position is 3,515. Thus the current short position is 0.0300% of the outstanding float.