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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 > Rate Change
View:
Post by Toppicks1 on Mar 22, 2024 3:08pm

Rate Change

Fed fund futures showing a 73% chance of a rate cut in June. Place your bets and mine is that the bank will be a lot higher 6 to 12 months from now. So climb aboard and participate in nice capital gains and a great divi.
Comment by DanderBolt on Mar 24, 2024 8:22pm
I have a fairly large position with this holding compared to the rest of my portfolio hoping the share price goes up after cuts.
Canadian Banc Corp