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

Comment by bmeister2on Jan 07, 2015 9:58am

213 Views

Post# 23293560

RE:TD Maintains Action List Buy and lowers Target to $8.00

Thanks for that post,B2. Very comprehensive and one of the very few I put credence in. The only part I disagree with is the drop in production effect.I think that should end up being a good thing IF ALL companies would do that in unison. We might then solve this dropping oil price,and over-supply.Makes no sense to be to be increasing supply with this glut.I know it was problems that caused production to drop,but I wouldn't spend much money at these prices trying to increase at the moment.Just a thought, idealistic as it sounds.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?