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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

Big Banc Split Corp > Dickheads are at it again
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Comment by Frostyfreshon Jan 14, 2016 10:11am
183 Views
Post# 24457552

RE:RE:Dickheads are at it again

RE:RE:Dickheads are at it again

Important to note is that while analysts are bringing down their guesstimates, the consensus seems to be that Bankers will do well and there is confidence that it is a good buy at these levels. 

Just waiting on the little girls in Calgary and all over the world to realize trying to make money on expensive oil at these prices is a waste of everyone's time and money. 

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