
Canadian Banc Corp. announced its monthly dividend payments: $0.18588 per Class A share and $0.04958 per Preferred share, payable on June 10, 2026, to shareholders recorded by May 29, 2026. The Class A dividend is based on a 15% annualized rate applied to the average market price of the shares, maintaining a stable yield of 15%. Preferred shares receive a dividend rate tied to prime plus 1.5%, with a floor of 5% and a cap of 8%. The company invests in six major Canadian banks and uses covered call strategies to enhance returns.