Post by
tylerreddick on Jun 12, 2024 3:30pm
Buy CWB.PR.B for a capital gain
National Bank isn't buying the preferred shares, so CWB will probably take some of the money they got, and pay out those preferreds.
If you buy CWB.PR.B today, you will get a 6.9% dividend yield until the buyout day, then an 8.7% capital gain. Not bad for a totally safe investment.