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Canadian Banc Corp T.BK

Alternate Symbol(s):  CNDCF | T.BK.PR.A

Financial Services Asset Management
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 > BK safest split share?
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Comment by Ganyman61on Jan 14, 2025 10:10am
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Post# 36403066

RE:RE:BK safest split share?

RE:RE:BK safest split share?I'm trying to understand how the share price of BK would move higher. I guess if the NAV moves up the share price should as well but how does the NAV move up not sure.
Also does BK historically trade at premium to it's NAV if so how much?
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