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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 braincloudon Dec 23, 2015 12:28pm
86 Views
Post# 24408506

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

RE:RE:RE:RE:Am I ever glad this year is overI don't bully anyone. I just hate it that people post sheit without checking their facts. Maybe you use "The Force" to pick stocks and form an investment thesis. I don't. Right or wrong I try and be informed. I post fact along with my opinion, which I'd say is pretty supportive of my position. If you don't value "facts" then it's your choice to ignore what I say. What good has your research done you exactly? Are you short BNK or OIL or the energy index? If so then good for you. Somehow I doubt that very much judging by the contributions you have made to this board. Moreover, why would you bother with this board if you are so bearish? Do us both a favour and just put me on ignore and you can exchange bull sheit with the guys I put on ignore. Maybe that will help you out more! Idiot!
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