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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

Comment by Coop007on Nov 27, 2015 7:12pm
151 Views
Post# 24333534

RE:RE:RE:RE:$4.75 BNK $4.75 TD Says $4.75 BNK Target vs $1.79 now.

RE:RE:RE:RE:$4.75 BNK $4.75 TD Says $4.75 BNK Target vs $1.79 now.I know it's hard but please just ignore this Richard HEAD ( i have reported him for spam, the same post over & over must be classed as spam )
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