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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 himmleron Dec 23, 2015 10:32am
100 Views
Post# 24407840

RE:RE:RE:Am I ever glad this year is over

RE:RE:RE:Am I ever glad this year is overYes BC ,we all would be rich right now.Its the same old game with the stock market.People on this board that want to stoop so low as to 'blame' a poster because he/she made the wrong call is inexcusable.I myself am harsh towards analysts,but then they get a paycheck wether they are right or wrong...and thats my main complaint about them.I know posters on this board are very informed and by that I mean the regulars.DB ,for example ,I believe wrote an nice article for seeking alpha a while back,(If my memory is correct)..
These opinions all are just that,however for the most part they are researched and presented as they are stated...'opinions'.
Posters I believe can get critical towards any analyst because they are a public figure of sorts,but to blame a regular poster,for what they said a year ago..what exactly is the point?
Back to oil though,as a strictly unscientific  observation,I can only dream of the day when oil solidly goes back up. and it will..The % that the small oilcos follow will be out of proportion.The small oilco's could see a couple %100 rise.
And then all the negativety will evaporate...cant wait
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