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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 > SEEING IS BELIEVING
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Comment by agspo63on Apr 07, 2016 5:46pm
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Post# 24742731

RE:SEEING IS BELIEVING

RE:SEEING IS BELIEVINGBC, usually when you copy&paste a whole article written by somebody else it is a matter of respect for the author to specify the source... original is here
https://boereport.com/2016/04/05/can-90-drilling-rigs-maintain-80-billion-cubic-feet-per-day/
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