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Bullboard - Stock Discussion Forum 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... see more

TSX:BK - Post Discussion

Canadian Banc Corp > Technical boost for banks
View:
Post by EdPaquette on Aug 08, 2022 11:05am

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.
Comment by deisman03 on Aug 08, 2022 3:26pm
That'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 ...more  
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