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 > US banks steaming higher

<< Previous

Bullboard Posts

Next >>

Comment by mousermanon Oct 11, 2024 4:28pm

144 Views

Post# 36263298

RE:RE:US banks steaming higher

BK has gained 25 cents now since Sept 30, and that brings the UNIT NAV up to 21.48...BK commons now have a slight discount with the last sale @ $11.33
ALL of the paying Quadravest splits have gained more than BK this month so far.. and its not like its close. AND all of the paying split funds in Quadravest pay a higher yield.

<< Previous

Bullboard Posts

Next >>

E3 inches closer to Alberta's first lithium production plant