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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 wittmannon Mar 02, 2016 11:33am
120 Views
Post# 24612883

RE:cashtango

RE:cashtangoNoone is an expert here,myself included,but I have read Cashtangoes opinions in the past.Owning one or two stocks since 2012 certainly doesnt qualify him as an expert either.I know that the defense will be that nobody claimed to be.an expert .well judging by the bickering on this board its obvious that EVERYBODY here has an ego at least.
I personally rate the value  of certain longtime holders opinion far more than a newcomer.Biased opinions? Of course they are.Are they wrong?..of course sometimes they are.
But where does one put their value in reading opinions that make no sense even to the most novice investor?  Where does one attain any  valuable information when somebody ust posts on these sites to incite arguments?
Its no wonder some longs lose patience.I counted 6 posts recently that in a direct or disguised way pokes fun at long time holders of this stock....how utterly immature is that??
These reptiles are as guilty of  what they accuse others of.
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