Bullboard - Stock Discussion Forum Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date... see more

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Big Banc Split Corp > Future dividnds

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Post by oksarivan on Dec 04, 2015 2:39pm

Future dividnds

If higher oil prices occur in the future, and the the production increases in Albania combined with success in hungary, we could see some heavy dividends in the future perhaps?

I've taken the bet, and bought in at $1,2...

Who knows maybe we'll see $0,3-0,5 dividend or share buybacks...

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Comment by agspo63 on Dec 04, 2015 2:54pm

bankers never paid dividends... where did you get this idea?

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Comment by LordIskander on Dec 04, 2015 2:57pm

They might now if Albania will continue to be so fickle with their costs

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Comment by oksarivan on Dec 04, 2015 3:14pm

I Guess i was'nt clear enough :) But the post was meant as, that i personally think this is a good entry point, as i hope/believe that bankers in the future will deliver strong results and initiate a dividend program. Just a $0,1 annual dividend will correspond to around a 10% yield at current price, however the shareprice wont be at those levels if this occurs :). Among the Canadian/US oil ...more

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Big Banc Split Corp