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 > bulls bullying the bears as usual

<< Previous

Bullboard Posts

Next >>

Comment by pommeracon Dec 05, 2015 9:22am

99 Views

Post# 24357345

RE:bulls bullying the bears as usual

Canada and particularly Alberta are now under socialist rule. They will squeeze more taxes and royalties to satisfy their socialistic schemes for the so called poor. Good help us.

<< Previous

Bullboard Posts

Next >>

How a junior advances one of the largest undeveloped diamond projects