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.

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Canadian Banc Corp > Continuing to hold 100% cash

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Comment by Eoj123on Jun 17, 2022 1:56pm

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Post# 34765217

RE:Continuing to hold 100% cash

I hold FFN.PR and am very happy with it. I also have included a Harvest ETF, HHL in particular, paying over 9% invested in large cap healthcare with covered call enhancement. Always pays, no cutoff, and none of those annoying overnight offerings

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