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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 31 = approx; $21.55
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Post by mouserman on Oct 31, 2024 5:16pm

BK UNIT NAV to Oct 31 = approx; $21.55

So a big down day to finish OCT and BK got some buying for safety, not sure how safe it will be . It will pay distributions , but will those keep up with the capital losses if this continues after the election..
Comment by mouserman on Nov 05, 2024 9:03am
Quadrqavest updated the UNIT NAV for BK, and it came in @ $21.55 before distributions... so was dead on. AFter distributions BK UNIT NAV was @ $21.34
Canadian Banc Corp
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