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Bullboard - Stock Discussion Forum 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... see more

TSX:BK - Post Discussion

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Post by Toppicks1 on Mar 21, 2024 9:49am

Banks

Doing very well look for BK to continue up into ex divi date of 27th. I think this trades in the 11.50 12$ range this summer or in to fall providing nice capital gain and a very safe divi. And a divi that will grow as we move along.
Comment by tinkvid on Mar 21, 2024 1:03pm
Charts certainly look solid with buying pressure.....Preffs taken a breather but their swift move, they were a little overbought.
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