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 tinman8on Aug 10, 2010 9:44pm

543 Views

Post# 17339701

FIRST CALL VALUATION REPORT -

Analysts recommendations on BNK         - STRONG BUY - total 4
                                                                          - BUY - total 3
                                                                          - Hold - total 1
                                                                         - Underperform - NONE
                                                                          - Sell - NONE

Thank you Midas for your unsupported claim regarding BNN - which everyone with any knowledge of BNK will duly ignore. Are you one of the day traders or shorters by any chance ?
GLA

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