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.

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Big Banc Split Corp > Am I ever glad this year is over

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Comment by lefmikeon Dec 23, 2015 11:00am

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Post# 24408008

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

Fair point there Syd only thing is, the idiots who come on here, have created their alias only a few days or weeks before and come off as being the al knowing and all seeing. BC does good research and yes it's slanted to an improvement in BNK why the heck not? I'm not speaking for him, I'm saying that personally I hate reading all the garbage that has gone on here. It's tiring to read all the garbage and believe me there is a ton of it, so I now simply put the ones who make wild statements without one shred of proof aside from their opinion... Opinions are fine just not every time the stock dives and nothing when it goes up... Then it's simply kicking dirt..

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