Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Nextech3D.ai Announces First New Customer Win For its AI Powered Photography Studio (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSX:BK - Post Discussion

Canadian Banc Corp > CAD Banks will overcome
View:
Post by AL9999 on Oct 02, 2023 12:06pm

CAD Banks will overcome

In 2025 people will tell;  in the depth of 2023-2024 ...  I should have bought these Banks stocks dips ...
Comment by EdPaquette on Oct 02, 2023 3:03pm
quadravest will never cut the distribution. Before going up to 15%, BK always traded at a discount and that's probably why they raised.
Comment by navgod on Oct 02, 2023 4:36pm
Using that logic they should probably increase the distribution to 20% -- oh what the hell lets go with 25% and really pump up that premium! LOL
Comment by EdPaquette on Oct 02, 2023 6:57pm
Navgod, you missed the point.  Quadravest is in it to make money. If the selling price is below nav, there's no way to increase assets under management. 
Canadian Banc Corp