Somewhat Favorable Media Coverage Extremely Likely to Affect Canadian Banc (BK) Share Price

Press coverage about Canadian Banc (TSE:BK) has been trending somewhat positive this week, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Canadian Banc earned a media sentiment score of 1.57 on their scale. InfoTrie also gave media coverage about the company an news buzz score of 10 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock’s share price in the next few days.

Shares of TSE:BK opened at C$10.78 on Thursday. Canadian Banc has a 52 week low of C$10.43 and a 52 week high of C$14.49. The company has a debt-to-equity ratio of 81.67, a current ratio of 2.13 and a quick ratio of 2.13.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 10th. Investors of record on Monday, December 10th will be paid a $0.0921 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 10.25%. The ex-dividend date is Thursday, November 29th. Canadian Banc’s dividend payout ratio (DPR) is 66.44%.

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About Canadian Banc

Canadian Banc Corp. is a close-ended equity mutual fund launched by Quadravest Inc The fund is managed by Quadravest Capital Management Inc It invests in the public equity markets of Canada. The fund invests in stocks of companies engaged in the banking sector. It benchmarks the performance of its portfolio against the S&P TSX Financial Index.

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