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.

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Canadian Banc Corp > BMO downgraded

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Comment by Levent14on Aug 05, 2024 8:52am

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Post# 36164348

RE:RE:RE:RE:RE:BMO downgraded

I'm in love with it.

10.000 shares gave $1.358,80 last month.

If you buy home for rent, you should borrow $600.000 cad.for 30 years, ( if you put $200.000 cad down.)

This $200.000 cad, bring to you $2.717,60 cad. in a month.

This is a share buy and never sale.

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