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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 28, 2024 9:19am

Rate Change

Fed futures seem to be going higher every couple of days predicting rate changes on the way. Market looks to be setting up for a very strong bull run this spring and summer. Will probably last right into fall and US election. Banks should do very well. My hopes are BK gets back to a 13$ handle through this period and back to the 17 cent divi. Best of luck to all.
Comment by Ganyman61 on Mar 28, 2024 12:30pm
Bank stocks going through the roof this stock down.
Canadian Banc Corp