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Bullboard - Stock Discussion Forum Canadian Banc Corp T.BK

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

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 > is BK.to dividend 100% taxable ?
View:
Post by Yun321 on Apr 15, 2024 5:27pm

is BK.to dividend 100% taxable ?

anyone knows?
Comment by deisman03 on Apr 15, 2024 5:46pm
If you don't own it in a tax deferred or not tax account- Yes. 
Comment by mouserman on Apr 15, 2024 6:27pm
Not in a TFSA, but not sure its fully taxable as eligible dividends . Need an acountant i think.
Comment by oldtrustguy on Apr 15, 2024 7:07pm
Not sure about this year. Last year BK was mostly dividend and very small part capitol gain.
Comment by flamingogold on Apr 15, 2024 7:56pm
It's mostly (approx 98%) eligible dividends. Quadravest has the data for 2023 posted on their site: https://www.quadravest.com/_files/ugd/78f11d_a11b4397629c44cbae4d1c6c1d48b92d.pdf
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