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Canadian Banc Corp T.BK

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

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 > Bought more BK at the end of the day
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Comment by SueBee2772on Aug 18, 2023 10:07pm
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Post# 35595935

RE:RE:RE:Bought more BK at the end of the day

RE:RE:RE:Bought more BK at the end of the dayI noticed there was a theme today of split shares and funds getting hit. Gdv was down 1.17% lbs 1.62% lcs 5.43% DHS 2.68%. It's not confined to the banking sector though. Ens was down 2.06% and ytsl was down 2.28%. The last two aren't in banking at all and ytsl ins't a split share. Bitcoin is also having a selloff. I can't help wondering if it's simply that people are pulling money out of riskier investments or the market in general. 
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