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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 lefmikeon Dec 15, 2015 8:02pm
238 Views
Post# 24386772

RE:RE:RE:RE:news

RE:RE:RE:RE:newsScreamshow, . If you're going to complain about the companies operations please at least get it right.... . First of all, this whole mess started in June last year of.. 18 months ago, BNK's highest production was in 2014 we're in 2015 not two years go. . The price of oil can very easily climb that 25% Pheuck.. it could do that in 2 days with a good war between Iran an maybe Iraq, Or someone decides to blow up a tanker trying to get through the state or Hormuz, can that happen? yup... but the price of oil is controlled by those great guys with the funny hats and pimples on their noses who don't drink but pheuk.. white blondes, eat ribs or bacon and tomato sandwiches unless they are in Kuwait on "vacation".. Just who you want to trust running the oil situation. So yeah it could go up from here easily..LOL
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