Canadian Western Bank rate reset shares updated

The report for CWB.PR.B is updated and rated Buy at $21.81 to yield 7.3% and the report for CWB.PR.D is updated and rated Buy at $25.30 to yield 7.56%.

See the Subscriber Home page. Both of these have one more dividend at their former lower rates that will be paid on April 30 and the higher dividends start three months later.

For a limited time during April there is an opportunity to convert to a floating rate that will initially start at about 9.0% but only if enough share holders elect the conversion option.

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