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 > Canada not in great shape

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Comment by WinterBaronon Oct 30, 2024 1:05pm

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Post# 36289041

RE:RE:RE:RE:RE:RE:Canada not in great shape

I think I understand your point Levent, but it leaves a question.
If you don't care about company profits why in the world are following a site that is completely focused toward the Stock Markets where growth, profit, cash flow, investment in its many forms, is absolutely essential?

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