Post by
mouserman on Apr 01, 2023 9:12am
BK next dist. will be 16.575 cents for month of April
SO based on the last 3 trading days of MArch , the average trading price of the commons was $13.26. SO the distribution will drop a bit from the current one being paid which was 17.2 cents down to 16.575
Still stay at around 15% payout , which is hard to beat in the current realm of things. Premium is high, and could see some major pullback in another bankrun, or failure in the world markets.
Comment by
EdPaquette on Apr 01, 2023 5:19pm
In the last set of bank runs, a few splits fell out of the pay zone. Premium on BK went up as dejected holders of FFN etc moved to BK. So to me, BK is super safe.
Comment by
deisman03 on Apr 03, 2023 10:15pm
Until it isn't. I hope you're right for your sake. All the best GLTA the good folks here
Comment by
lsrasr on Apr 04, 2023 9:04am
what are you currently calculating as the NAV for BK class a shares.
Comment by
mouserman on Apr 04, 2023 2:59pm
Once we get an update from Quadravest will know better how much cash BK is sitting on, and whether they have changed up the weightings of the banks they hold.