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Canadian Banc Corp T.BK

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

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.


TSX:BK - Post by User

Comment by deisman03on Aug 08, 2022 3:26pm
92 Views
Post# 34879657

RE:Technical boost for banks

RE:Technical boost for banksThat's a pretty good way to do some due diligence. 

The thing is, for people that are looking for investments that will pretty much cover all aspects of the market, a basket of banks in an investment vehicle such as BK is just about the best way to play things for income investors. 

If you're looking to make a few capitol games, vehicles such as DF are a decent way to speculate. 

There are others of course but with such extreme volatility, often being perpetrated by politicians that could care less about anything that doesn't effect them personally, investing in other plays can be very detrimental to the bottom line. 
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