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Canadian Banc Corp. Announces December Dividends

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Canadian Banc Corp Class A (TSE:BK) has released an update.

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Canadian Banc Corp. announced its monthly dividend distribution for Class A and Preferred shares, with payouts set for December 10, 2024. Class A shareholders will receive $0.14438 per share, reflecting a stable 15% yield based on the volume-weighted average price, while Preferred shareholders will get rates tied to prime with a minimum of 5%.

For further insights into TSE:BK stock, check out TipRanks’ Stock Analysis page.

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