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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 bmeisteron Jul 15, 2011 9:55am
394 Views
Post# 18834834

RE: RE: analysts and sp

RE: RE: analysts and spI agree wholeheartedly with you,Tinman,,but it sure is maddening to watch the manipulations,like today,for example,with Brent up and bnk down already. There is a thin line between euphoria  and panic even for we longs when our portfolios take a sh&t kicking and one stands by thinking you could have sold earlier and bought  back in. You never  know with this one.I am invested in bnk,not trading it,but some of these days I start to question my logic. I do have a line in the sand,however,and right now,the tide is inching closer.Old Jed knows where that line is but won't tell me. lol
Bullboard Posts