Preferred Share (BK.PR.A)

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Canadian Banc Corp. Monthly Dividend Declaration for Class A & Preferred Share
Globenewswire· 2025-08-20 13:00
TORONTO, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (The "Company") declares its monthly distribution of $0.15913 for each Class A share and $0.05375 for each Preferred share. Distributions are payable September 10, 2025 to shareholders on record as at August 29, 2025. Under the distribution policy announced in November 2021, the monthly dividend payable on the Class A shares is determined by applying a 15% annualized rate on the volume weighted average market price (VWAP) of the Class A shares o ...