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 > The hair...

<< Previous

Bullboard Posts

Next >>

Comment by StockInvestor16on Sep 12, 2016 8:24am

134 Views

Post# 25227359

RE:The hair...

Snake, Pretty obvious. You missed out on some nice gains. Now you are trying to capitalize on some small $ amounts. Not sure who you trade with, but the commissions should be reasonable. I hoped that the stock price once announced would hit over 2.20, however the stock houses planned to save FAITH. A complete review of the CIBC strategy meeting will be held this morning ? Dumb**A**es

<< Previous

Bullboard Posts

Next >>

Desert Gold Ventures - A jewel for the investor?