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

Big Banc Split Corp

Bullboard Posts

Post by Bankorruptseeon Jan 15, 2015 12:32pm

208 Views

Post# 23323663

Oil Price

Reports of Saudi pipeline bombing rocks global oil market

https://www.worldtribune.com/2012/03/04/reports-of-saudi-pipeline-bombing-rocks-global-oil-market/

I am betting that Saudi's enemies are planning 'stuff'.... and we will see the above news again shortly.

Bullboard Posts

What is the gold outlook for the rest of 2024?