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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 AUg 15 = approx: $20.34
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Post by mouserman on Aug 15, 2024 5:18pm

BK unit nav to AUg 15 = approx: $20.34

Spreadsheet showing a loss of 21 cents since the update July 31... much better than FTN and FFN which of course had more US exposure and smaller cash positions.
BK commons now valued at about $10.34 , so a fair premium with the last sale @ $10.99...
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