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.

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Big Banc Split Corp

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Comment by lefmikeon Sep 04, 2015 3:22pm

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Post# 24080134

RE:Thedave's Blog on Stockhouse BNK is a DAYTRADE Only

Know what's so funny about this thread? ? ? That BOZO Dave was preaching how great a stock it was to day trade when it was at 3.40 kept preaching how you can day trade this at 3.00 SOMETHING and you get guaranteed 10 cents then he showed how to make an easy Grand 10,000 shares price increase by 10 cents make a quick grand, he forgot that you can buy and the price starts to drop, and you lose a grand or hang on for the ride... NOT so easy now is it DAVEY BOY.. Go long or forget it, this will hurt a day trader everytime but they forget to tell you that now don;t they...

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?