Canadian Banc Corp T.BK

Buzz on the Bullboards: The energy surge emanating from Trump’s 1st week in office

[Jonathon Brown]

The past week has seen a mixed performance for the TSX, reflecting the varied fortunes of different market sectors. While energy stocks experienced fluctuations, other sectors showed resilience,... read article.

[mouserman]

Shwoing a gain of 29 cents since the udpate Jan 15th. Top holdings RY , CM and TD up nicely since that date. US holdings have done well, and contributed  nearly 40% of the gains, despite being

[rixpix]

And BK is off to a great start today, jumping 2% so far on Trump's 1st official day as POTUS!  GLTA

[PressRelease]

TORONTO, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (The "Company") declares its monthly distribution of $0.14538 for each Class A share and $0.05792 for each Preferred share. Distributions are payable February 10, 2025 to shareholders on record as at January 31, 2025.Under the...read article.

[kurtwalter]

FFN?

[43andRetired]

Quite the change from a couple years ago when the commons traded at up to 30% premium... not sure I've ever seen the prefs at a 5%+ premium either

[mouserman]

Showing a gain of 28 cnets since the updated NAV from quadravest for JAN 15. That values the commons @ $12.43 .. and with the last trade @ $11.7 the discount now about  73 cents. Or about 5.8

[itsthehitman]

Good year ahead for financial institutions 

[rixpix]

I think 2025 will be good for banks and they'll continue rising.  GLTA

[Toppicks1]

If the US puts a 25% tariff on everything that comes from Canada... not sure how that effects the Canadian Banks.... would be more inclined to own the funds that hold US ones... to be safer...

[mouserman]

If the NAV of the holdings moves up, like today, that makes the share price move up. The distribution payout is based on the average of the last 3 trading days of the preceding month. SO end of

[Ganyman61]

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

[NoShoesNoShirt]

Like any class a split, you only want to own it while the whole market is rising. It goes down twice as much as the underlying stocks. Yes that's how I once lost my shirt.

[kurtwalter]

As a dividend investor and a senior, I am looking fo the safest split share company with a high yield over various investment cycles. BK seems to be safest, although it has quite some volatility in

[NoShoesNoShirt]

Because Friday brought S&P500 below the December 31st level, the January effect will be negative.  Monday will be a down day. 

[mouserman]

BK  doing the best of all the Quadravest funds i believe.. with a gain of about 3 cents, next best is FFN with a gain of nearly 2 cents. BK also raised its CASH position, and is the only one i