Bullboard - Stock Discussion Forum Brompton Split Banc Corp T.SBC

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

Brompton Split Banc Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions and to return the original issue price of $10.00 per Preferred share to shareholders at maturity and to provide holders of Class A shares with regular monthly cash distributions... see more

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Brompton Split Banc Corp > Brompton reports SBC UNIT NAV @ $25.45 to May 27

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Post by mouserman on May 28, 2021 10:09am

Brompton reports SBC UNIT NAV @ $25.45 to May 27

SO now with the UNIT NAV above 25$ , SBC is eligible to give a special dividend on top of the regular one , at some point this year.

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Comment by oldtrustguy on Jun 01, 2021 10:42pm

Mouserman looking for input ...more

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Comment by EdPaquette on Jun 01, 2021 11:28pm

Haha, the 2017 story is very "special"!

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Comment by mouserman on Jun 17, 2021 11:35pm

I dont think you can ever get 12 % by buying BK.... unless you buy it low and hold for a few months when the banks are going up. But based on their formula the payout is usually right arond 10% , many times its lower. Every month the distribution rate will be based on 10% , using the weighted average of the last 3 trading days of the previous month. IN MAY that works out to $12 ...more

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Brompton Split Banc Corp