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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 lefmikeon Feb 26, 2015 9:04am
156 Views
Post# 23467196

RE:RE:RE:RE:RE:RE:RE:Profitable oil

RE:RE:RE:RE:RE:RE:RE:Profitable oilN real offense OilGas but you're full of sheit, you Can't predict the oil future anymore than the pros' all it will take to make a major shakeup is some event in the middle east to disrupt supplies. will that happen? Who knows.... neither do the Pro's so you say that they are going to keep increasing their production, the rigs that have been pulled will not see their effect for a few months down the road, they don't drill, frack and voila the oil be there... months after the drilling before the first drop shows, so what you're seeing now is possibly the oil BEFORE the rigs were pulled.....And we all know that fracking does not produce long term oil without additional enhanced recovery methods when it starts to slow down.. VERY VERY expensive
Bullboard Posts