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 > Quinto and Stockinvestor

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Post by braincloudon Sep 05, 2016 4:13pm

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Post# 25208304

Quinto and Stockinvestor

The 2 of you need to do a little more research and much less with the stupid moronic comments. The 2 of you talk like some adolescent children. Any more bull sheit comments and I will put you into the dung pile along with the other clingons. I have been on this blog for a few years now and many have benefited from my comments . Nobody benefits from the stupid comments the 2 of you make. STFU already! That goes for that idiot snake as well!

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