Canadian Banc Corp T.BK

Alternate Symbol(s): CNDCF | T.BK.PR.A

Financial Services Asset Management

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per annum equal to the Prime Rate plus 2.0%, with a minimum targeted annual rate of 5.0% and a maximum targeted annual rate of 10.0% and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012.

TSX:BK - Post by User

Canadian Banc Corp > BK and FTN the place to be

<< Previous

Bullboard Posts

Next >>

Post by mousermanon Aug 03, 2022 1:45pm

198 Views

Post# 34868728

BK and FTN the place to be

For some reason, gamblers are buying up DF, which is approaching 15 $ unit nav very slowly, and FFN, which is up over 9 % today, and nearly a dollar away from paying as far as UNIT NAV goes..
I prefer the safer BK, and FTN, and even DFN . I suspect the markets are NOT going to go straight up with all that is going on around the world, and FED and BOC attempts to quickly stall inflation will not work without crashing the economies here.

<< Previous

Bullboard Posts

Next >>

BCG-Unresponsive Non-Muscle Invasive Bladder Cancer Carcinoma-In-Situ: A Patient's Guide