Core Viewpoint - Dividend 15 Split Corp. has announced a Normal Course Issuer Bid (NCIB) to repurchase its Preferred Shares and Class A Shares, which will run from June 2, 2025, to June 1, 2026 [1] Group 1: NCIB Details - The company plans to buy up to 12,687,975 Preferred Shares and 13,219,443 Class A Shares, representing 10% of the public float [2] - As of May 21, 2025, there were 127,069,383 Preferred Shares and 132,275,624 Class A Shares outstanding [2] - The company will limit purchases to a maximum of 2,541,387 Preferred Shares and 2,645,512 Class A Shares in any 30-day period [2] Group 2: Previous NCIB - Under the previous NCIB that ran from May 29, 2024, to May 28, 2025, no shares were purchased [2] Group 3: Management Perspective - The Board of Directors, advised by Quadravest Capital Management Inc., believes that the share repurchases are in the best interests of the company and a desirable use of funds [3] - All repurchased shares will be cancelled [3] Group 4: Investment Portfolio - The company invests in a high-quality portfolio of leading Canadian dividend-yielding stocks, including major banks and financial institutions such as Bank of Montreal, Royal Bank of Canada, and Enbridge [4]

Core Viewpoint - Dividend 15 Split Corp. II has announced its intention to initiate a Normal Course Issuer Bid (NCIB) to repurchase its Preferred Shares and Class A Shares, which will run from June 2, 2025, to June 1, 2026 [1]. Group 1: NCIB Details - The Company plans to purchase up to 2,242,527 Preferred Shares and 2,234,759 Class A Shares, representing 10% of the public float of 22,425,275 Preferred Shares and 22,347,591 Class A Shares [2]. - The maximum number of shares that can be purchased in any 30-day period is limited to 448,505 Preferred Shares and 448,677 Class A Shares, which is 2% of the issued and outstanding shares as of May 21, 2025 [2]. - No shares were purchased under the previous NCIB that ran from May 29, 2024, to May 28, 2025 [2]. Group 2: Management Perspective - The Board of Directors, advised by Quadravest Capital Management Inc., believes that the share repurchases are in the best interests of the Company and represent a desirable use of its funds [3]. - All repurchased shares will be cancelled following the NCIB [3]. Group 3: Investment Portfolio - The Company invests in a high-quality portfolio of leading Canadian dividend-yielding stocks, including major banks and financial institutions such as Bank of Montreal, Royal Bank of Canada, and Enbridge [4].

Core Viewpoint - Canadian Banc Corp. has announced its intention to initiate a Normal Course Issuer Bid (NCIB) to repurchase its Preferred Shares and Class A Shares, starting June 2, 2025, and ending June 1, 2026 [1]. Group 1: NCIB Details - The company plans to buy up to 3,742,582 Preferred Shares and 3,778,760 Class A Shares, which represents 10% of the public float of 37,425,824 Preferred Shares and 37,787,604 Class A Shares [2]. - As of May 21, 2025, there were 37,448,395 Preferred Shares and 37,821,364 Class A Shares issued and outstanding [2]. - The company will limit its purchases to a maximum of 748,967 Preferred Shares and 756,427 Class A Shares in any 30-day period, equating to 2% of the issued and outstanding shares as of May 21, 2025 [2]. Group 2: Board's Perspective - The Board of Directors, advised by Quadravest Capital Management Inc., believes that the share repurchases are in the best interests of the company and represent a desirable use of its funds [3]. - All repurchased shares will be cancelled following the NCIB [3]. Group 3: Investment Portfolio - The company invests in a portfolio of six publicly traded Canadian banks, which include Bank of Montreal, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Bank of Nova Scotia, National Bank of Canada, and The Toronto-Dominion Bank [4].

Group 1 - The Toronto Stock Exchange has accepted Financial 15 Split Corp.'s notice to initiate a Normal Course Issuer Bid (NCIB) for its Preferred Shares and Class A Shares, starting June 2, 2025, and ending June 1, 2026 [1] - The company plans to purchase up to 6,054,449 Preferred Shares and 6,196,492 Class A Shares, which represents 10% of the public float of 60,544,490 Preferred Shares and 61,964,925 Class A Shares as of May 21, 2025 [2] - The company will not buy more than 1,211,348 Preferred Shares or 1,239,366 Class A Shares in any 30-day period, which is 2% of the issued and outstanding shares as of May 21, 2025 [2] Group 2 - The Board of Directors, advised by Quadravest Capital Management Inc., believes that the share purchases are in the best interests of the company and a desirable use of its funds [3] - All shares purchased under the NCIB will be cancelled [3] Group 3 - The company invests in a high-quality portfolio consisting of 15 financial services companies, including major Canadian and U.S. issuers such as Bank of Montreal, Royal Bank of Canada, and Goldman Sachs Group [4]

Core Viewpoint - Brompton Split Banc Corp. has renewed its at-the-market equity program to issue Class A and Preferred Shares, replacing the previous program established in April 2023 [1][2]. Group 1: ATM Program Details - The renewed ATM Program allows the Fund to issue shares at prevailing market prices through the Toronto Stock Exchange or other Canadian marketplaces, with maximum gross proceeds of $75 million for each share class [2][3]. - The program will be effective until June 22, 2027, unless terminated earlier by the Fund, and the volume and timing of distributions will be at the Fund's discretion [3]. Group 2: Investment Portfolio - The Fund invests in a portfolio consisting of common shares of the six largest Canadian banks, with the option to hold up to 10% of total assets in global financial companies for diversification [4]. Group 3: Investment Objectives - The investment objective for Class A Shares is to provide regular monthly cash distributions targeted at least at $0.10 per share and growth in net asset value [5]. - The investment objective for Preferred Shares is to provide fixed cumulative preferential quarterly cash distributions of $0.15625 per share (6.25% per annum) and return the original issue price by November 29, 2027 [6]. Group 4: Performance Metrics - Over the last 10 years, Class A Shares have delivered a 12.0% per annum total return based on NAV, outperforming the S&P/TSX Composite Total Return Index by 3.7% per annum [7][10]. - Preferred Shares have returned 5.3% per annum over the last 10 years, outperforming the S&P/TSX Preferred Share Total Return Index by 1.7% per annum [7][10].

Distribution Announcement - Canadian Banc Corp. declares a monthly distribution of $0.13700 for each Class A share and $0.05375 for each Preferred share, payable on June 10, 2025, to shareholders on record as of May 30, 2025 [1][5] Dividend Policy - The monthly dividend for Class A shares is determined by a 15% annualized rate based on the volume weighted average market price (VWAP) over the last 3 trading days of the preceding month, resulting in a dividend of $0.13700 per share based on a VWAP of $10.96 [2] Shareholder Returns - Since inception, Class A shareholders have received a total of $23.81 per share, while Preferred shareholders have received a total of $11.16 per share, leading to a combined total of $34.97 [3] Investment Portfolio - The Company invests in a portfolio of six publicly traded Canadian banks, including Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Bank of Nova Scotia, and Toronto-Dominion Bank, with share weights expected to range between 5-20% [4] Additional Returns Strategy - To generate additional returns above the dividend income, the Company engages in a selective covered call writing program [4]

Group 1 - The core viewpoint is that OPEC+ has reasons to consider a modest increase in oil production levels [1] Group 2 - The article suggests that current market conditions may support a strategic adjustment in production to stabilize prices [1] - It highlights the potential impact of geopolitical factors on oil supply and demand dynamics [1] - The analysis indicates that a smaller scale production increase could help balance the market without oversaturating it [1]

加拿大皇家银行将 百事可乐目标价格从163美元下调至148美元。 ...

智通财经4月25日电，加拿大皇家银行将百事可乐目标价格从163美元下调至148美元。 ...

Core Viewpoint - The U.S. dollar is entering an oversold condition similar to the U.S. stock market, suggesting a potential rebound despite bearish factors, which could pose headwinds for gold [1] Group 1 - Rob Sluymer, a strategist at Royal Bank of Canada Wealth Management, indicates that the dollar's oversold status may lead to a rebound [1] - The presence of bearish factors does not negate the possibility of a dollar recovery [1] - A rebound in the dollar could negatively impact gold prices [1]