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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

Comment by GUY2012on Dec 29, 2015 10:23pm
141 Views
Post# 24418375

RE:RE:RE:Saudi Arabia

RE:RE:RE:Saudi Arabia
If OPEC wants to keep manipulating the price of oil (by not capping output), then why the heck doesn't the rest of the worlds economies who need higher oil prices to thrive simply BOYCOT buying oil from OPEC. Who the heck needs them anyway. Let them suffer the consequences of their own creation.
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