Brompton Split Banc Corp T.SBC

Alternate Symbol(s): T.SBC.PR.A

Brompton Split Banc Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions and to return the original issue price of $10.00 per Preferred share to shareholders at maturity and to provide holders of Class A shares with regular monthly cash distributions, targeted to be at least $0.10 per Class A share, and the opportunity for growth in Net Asset Value per Class A share. The Fund invests in a portfolio of common shares of the six Canadian banks. In addition, the Fund may hold up to 10% of the total assets of the portfolio directly in investments in global financial companies or indirectly through exchange-traded funds for the purposes of enhanced diversification and return potential. The Fund's manager is Brompton Funds Limited.

TSX:SBC - Post by User

Brompton Split Banc Corp > Sleepy split

<< Previous

Bullboard Posts

Next >>

Post by flamingogoldon May 14, 2024 3:15pm

352 Views

Post# 36039445

Sleepy split

One of the sleepier splits that actually is worth holding. Consistent payout with cap gain opportunity. Doesn't seem to attract many traders as volume is light.

Still trading below pre-covid levels and 38% below the 2022 high before rates started their ascent. Any rate drops will move this up. Long term chart since 2009 shows higher lows and higher highs.

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?