Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Feb 28, 2016 8:02pm
76 Views
Post# 24603951

RE:Help please

RE:Help pleaseI would not buy TBE ,or PRE.I owned PRE at around $20 when it was known as Pacific Rubiales,and luckily sold it and made a nickel a share LOL.Its fallen hard for a reason .TBE is indebted up to their ears as was mentioned by B.C...There is always a small hope for these gamble company's but is it worth the risk? Always remember that it also depends WHERE you invest in ..if its in your tfsa for example..and these company's go broke ,you CANNOT write off those losses.So you lost double..for rrsp's its the same thing I believe.
BNK is a good company with potential to rise much in shareprice value.,,but no dividend .
Suncor is one I have also much $in ,and it pays Dividend  yield of @  %3.5..it will be around forever (my lifetime) and it stands to grow on its recent takeover of COS(I believe there is much good to that story that isnt in the mainstream media).
CPG is another  that I own and it fell hard (just like BNK ,but for other reasons of course) still pays a div yield of @ %7 and I think it will also survive and move up.
I am biased to BNK simply because it has the lions share of my retirement $ LOL,and it wont take much to set it higher. There is just too much perceived contraversy surrounding it at this point...hell some investors are afraid to invest in Canadian banks...how stupidly scared are people ???
<< Previous
Bullboard Posts
Next >>