CANADIAN BANC CORP. Monthly Dividend Declaration for Class A & Preferred Share
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 over the last 3 trading days of the preceding month. As a result, Class A shareholders of record on June 30, 2025 will receive a dividend of 11.74 payable on July 10, 2025. The yield will remain stable at 15.00% (based on the VWAP) under thi ...