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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
Comment by SIRCOOPon May 21, 2010 11:13am
446 Views
Post# 17121876

RE: Nice discount this morning

RE: Nice discount this morningYas Sir Jed was lookee lookee this morning and sees all is well and coming around.  Good thing cause the Missus was madder than a wet hen after Jed backed up the truck and she went down further.

Jed thinks $8 is not far away, yas sir, and Jed is usually right cause Jed is patient as a vulture and stubborn as a mule. Jed can stare down dogs and hide in the ole duck blind for days, never moving a muscle.

Yas sir, come to Jed...
Bullboard Posts