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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

Big Banc Split Corp > Oil is NOT down 2.5% it's up
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Comment by bmeister2on Nov 23, 2015 9:27am
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Post# 24315362

RE:Oil is NOT down 2.5% it's up

RE:Oil is NOT down 2.5% it's up
Ditto to that, lefty. I would like that info too. I really cleaned up my posts this am by putting that Dave thingy on ignore. No more pollution.lol Hopefully, management tells us how we will in concert with the Alb. junta going forward. I don't want to see a damper on bnk's future there.
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