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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 lefmikeon Mar 02, 2016 10:11am
109 Views
Post# 24612362

RE:RE:RE:RE:RE:U.S. shale's message for OPEC: above $40, we are coming back

RE:RE:RE:RE:RE:U.S. shale's message for OPEC: above $40, we are coming backSomething I always wondered about.  Thiw fool, CASHTANGO00.... Why the double zero's?  because like his other aliASS, DAdave   he needs to change his aliASS's to ensure one person reads his garbage before they also put the PUTZ on ignore.....  What a freaking waste of air!  Clowns make more sense,  a village fool has more intelect and your local nuthouse is full of these jokers....  They are dangerous where CASH and DaDave are just morons...  TIme to get his new aliASS on ignore....

Love how the market has responded so far to BNK's  latest report...  
Yes they are hurting like everyone  but not going bankrupt like most shale producers.....  Time will tel who survives this....

BNK is in  major jump territory, buy now before it goes back over 2.00 ....

JMHO
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