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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 OCT 28th = approx; $21.79 before dist.
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Post by mouserman on Oct 28, 2024 5:32pm

BK unit nav to OCT 28th = approx; $21.79 before dist.

Spreadsheet showing a gain of 30 cents as the big banks bounced back up nicely.  Commons should have a value near $11.59 at the close today... last sale was @ $11.58 so trading right at NAv after dist.
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