Canadian Banc Corp T.BK

Alternate Symbol(s): CNDCF | T.BK.P.A

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per annum equal to the Prime Rate plus 2.0%, with a minimum targeted annual rate of 5.0% and a maximum targeted annual rate of 10.0% and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012.

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Canadian Banc Corp > Technical boost for banks

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Post by EdPaquetteon Aug 08, 2022 11:05am

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Post# 34878708

Technical boost for banks

I watch zeb to analyze the banks as a group. Technical analysis shows an inverse head and shoulders pattern with a prediction zeb will rise to 37.50 so bk will benefit. All the other splits will benefit to some degree so I bought df which currently doesn't pay, but could soon. It's the closest to paying of the current batch of non-payers.

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