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Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.P.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
Comment by lefmikeon Feb 02, 2015 5:00pm
128 Views
Post# 23389856

RE:RE:regarding Popfart

RE:RE:regarding Popfartdubsbs is totally correct, he's had me on ignore for years, still misses my banter on other threads I hear. . . . . . . . . . . . .... All jokes aside, please folks I love BNK I loved ATH but I've been kicked in the nutz by both and lost most of my investment money. . . . . . . . . . . ... Thank god I didn't have my pension investments with LEFMIKEinvestments.com or I would be working right now. . . . . . . . . . . . .. What I'm reading is that there is going to be another big drop in the Can. Buck they are talking about a 60 cent buck like in 2002 as the manufacturing has been destroyed since then,,, but the petro industry is going to be hit with more losses.... Is this true? Who knows so be careful how you spread your money around... looks like there may be another drop coming in the next 6 months... . https://business.financialpost.com/2015/02/02/loonie-could-fall-as-low-as-60-us-cents-after-oil-price-collapse-forecasters-warn/
Bullboard Posts