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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 > BK unit nav to feb9 = approx: $19.51
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Post by mouserman on Feb 09, 2024 6:56pm

BK unit nav to feb9 = approx: $19.51

Finally a green looking day for the CAD banks. Has been a tough start to the new year for them...but last fall until newyears the bull charge got a little overdone.
Last trade @ $10.37 = approx a 9 % premium.
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