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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

Comment by deisman03on Apr 28, 2024 12:02am
166 Views
Post# 36011353

RE:RE:I'm out for now.

RE:RE:I'm out for now. Profit is what it's all about. 

Strategies that are comfortable for some are tedious for others or just not worth the effort. 

In my case, I move 10-20k in four different registered accounts, two non taxable and two defferred. 

For my personal circumstances the profits from such moves are very significant and can levy substantial benefits towards my lifestyle, such as vacations, vehicles, house repairs or just a cozy feeling, seeing it sitting in available cash if needed for an emergencey, or even a no brainer investment opportunity. 

Good for you for having an investment strategy you're comfortable with. 

GLTA the good folks here
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