BNA.PR.C : First Dividend Still Unconfirmed

As previously noted, I’m having difficulties with this dividend! Dividend dates for this issue have been estimated as 2/26, 2/28, 3/7, even though the BNA.PR.A / BNA.PR.B dates are 2/20, 2/22, 3/7.

However, neither Bloomberg nor the TSX Data service are showing the BNA.PR.C dividend.

I don’t know what to do about this. The company has responded to my initial query about the dividend itself (which they say is the same as the other two) but not (as yet) to my follow-up, asking when the dividend on BNA.PR.C was declared. This is something of a  point (in terms of checking for possible administrative foul-ups) because BNA.PR.C did not exist when the other dividends were declared (December 4 or 5, take your pick).

I’ll try again tomorrow, February 23, to get some answers.

Until then (at least!), the dividend dates on HIMIPref™ will remain as 2/26, 2/28, 3/7, but it’s only a guess! Since HIMIPref™ will evaluate the issue on a cum-dividend basis, whereas it might be ex-dividend, I recommend that any HIMIPref™ valuation leading to a purchase of BNA.PR.C be ignored until this matter is cleared up.

 

One Response to “BNA.PR.C : First Dividend Still Unconfirmed”

  1. […] As I intended yesterday, I attempted to make contact with the company today (via both eMail and telephone), but was unsuccessful. […]

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