Big Banc Split (TSE:BNK) Hits New 1-Year High – What’s Next?

Big Banc Split Corp (TSE:BNK) reached a new 52-week high during trading on Monday . The company traded as high as C$18.50 and last traded at C$17.60, with a volume of 2474 shares trading hands. The stock had previously closed at C$17.49.

Big Banc Split Price Performance

The stock has a 50-day moving average price of C$17.06 and a 200-day moving average price of C$16.65. The company has a market capitalization of C$23.18 million, a P/E ratio of 3.81 and a beta of -0.62.

Big Banc Split Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 15th were paid a $0.12 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend was Friday, November 28th. Big Banc Split’s dividend payout ratio is currently 31.72%.

Big Banc Split Company Profile

Big Banc Split Corp. is an equity fund launched and managed by Purpose Investments Inc The fund invests in the public equity markets of Canada. Big Banc Split Corp. was formed on May 15, 2020 and is based in Canada.