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| Life & Banc Split's Preferred Shares Crosses Above 5.5% Yield TerritoryBy Preferred Stock Channel Staff, Friday, September 29, 2:10 PM ET
In trading on Friday, shares of Life & Banc Split Corp.'s Preferred Shares (TSE:LBS.PRA.CA) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $0.545), with shares changing hands as low as $9.89 on the day. As of last close, LBS.PRA.CA was trading at a 0.60% discount to its liquidation preference amount. The chart below shows the one year performance of LBS.PRA.CA shares, versus LBS.CA:
Below is a dividend history chart for LBS.PRA.CA, showing historical dividend payments on Life & Banc Split Corp.'s Preferred Shares:
Free Report: Top 8%+ Dividends (paid monthly) In Friday trading, Life & Banc Split Corp.'s Preferred Shares (TSE:LBS.PRA.CA) is currently off about 0.2% on the day, while the common shares (TSE:LBS.CA) are off about 1.4%.
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