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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 LordIskanderon Dec 19, 2015 1:21pm
163 Views
Post# 24398062

RE:RE:RE:RE:Investor mindsets

RE:RE:RE:RE:Investor mindsets
Haywood analyst target prices since the tax dispute news broke. Note, he is now back to where he started. Recommendation Date Target Price Period Close Price buy 12/18/15 3.5 12 0.95 buy 12/15/15 2 12 0.91 buy 12/11/15 3 12 0.97 buy 12/07/15 3.5 12 1.05 buy 12/04/15 4.25 12 1.11 buy 11/25/15 3.5 12 1.74 buy 11/24/15 3.5 12 1.79
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