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.

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Canadian Banc Corp > re split

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Comment by itsthehitmanon Jul 13, 2023 4:37pm

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Post# 35540128

RE:re split

Very interesting post....my favorite chart long term is what Warren B talks about to nimble long term investors....the s&p 500......went back 20 years....the most beautiful chart of all.
Have picked up s&p 500 etfs.....holding long term for a reasonable return with divis attached.
Glta

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Critical materials crisis: Diversifying away from China’s monopoly