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Bullboard - Stock Discussion Forum Canadian Banc Corp T.BK

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

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 financials not doing great
View:
Post by mouserman on Jul 19, 2024 1:32pm

CAD financials not doing great

But BK commons moving up in price, increasing the premium. I am out today, as the NAV is dropping...
better deals as far as value and yield. Only  BK safety  would be the plus.
Comment by Investability00 on Jul 21, 2024 12:52pm
I still have my BK, but lately I bought some HMAX. Do you have any thoughts on that. The price floats with the NAV, which they post within a day or so.
Comment by deisman03 on Jul 21, 2024 11:40pm
It's got a terrible chart since its inception.  If you're lucky, it's bottomed out.  GLTA the good folk here. 
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