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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 > BK unit nav to JULY 23 = approx; $20.54 before dist.
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Post by mouserman on Jul 23, 2024 6:44pm

BK unit nav to JULY 23 = approx; $20.54 before dist.

After distribtuons, BK commons would be valued at about $10.34...
last trade today  @ $11.08 means the premium is about 74 cents or about 7.2%.
Comment by Ganyman61 on Jul 24, 2024 8:35pm
Was hoping for a green day today!
Canadian Banc Corp
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