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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 NoShoesNoShirton Aug 16, 2024 8:43am
55 Views
Post# 36182144

RE:RE:Had this sent today. Buffett warning about banks.

RE:RE:Had this sent today. Buffett warning about banks. Thank you flamingogold for clarification of the time frame. There are always voices of doom whispering, and they will be right someday. Stay optimistic and patient, but always be ready for those whispers to be right. Things are looking up for Harris to win in a landslide, which is what the world needs to have a peaceful transfer of power. If the complainer loses in a close race he could pout his way to civil war. He doesn't care about how many people would be killed, all he cares about is power. P.S. Trump also doesn't care about you. 
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