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Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.


TSX:BNK - Post by User

Bullboard Posts
Post by i8emailon Jan 23, 2013 7:35am
188 Views
Post# 20876108

Expected to generate the highest returns over the

Expected to generate the highest returns over the

Globe says outlook is bright for Rubicon, others
Ticker Symbol: C:RMX C:PG C:CSI C:GBU C:BNK C:WIN

 

Globe says outlook is bright for Rubicon, others

 

Rubicon Minerals Corp (C:RMX)
Shares Issued 287,605,982
Last Close 1/22/2013 $2.55
Wednesday January 23 2013 - In the News

Also Premier Gold Mines Ltd (C:PG) In the News
Also Colossus Minerals Inc (C:CSI) In the News
Also Gabriel Resources Ltd (2) (C:GBU) In the News
Also Bankers Petroleum Ltd (2) (C:BNK) In the News
Also Wi-LAN Inc (C:WIN) In the News

The Globe and Mail attempts to identify Canadian stocks that are expected to generate the highest returns over the next year in its Wednesday, Jan. 23, edition. The Globe's David Parkinson writes in the Number Cruncher column that with the help of Morningstar Canada consultant Craig McGee they looked at analysts consensus 12-month price targets for S&P/TSX composite index constituents, and compared them with current prices to determine the percentage change in share price implied by those consensus targets. They then added in the expected dividend yields, to get a forecast total return for the next 12 months. The stocks on Mr. McGugan's list are forecast to generate an average total return of 52 per cent in the next year. The median return is a more modest 35 per cent. Either way, that suggests Mr. McGugan's picks would deliver a home run for investors. Mr. McGugan warns that high hopes for big growth and (by extension) stock appreciation can often also come with significant risk and volatility. Stock expected to generate the highest returns over the next year are Rubicon Minerals, Premier Gold Mines, Colossus Minerals, Gabriel Resources, Bankers Petroleum and Wil-LAN.

© 2013 Canjex Publishing Ltd

Bullboard Posts