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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Comment by norim109on Dec 17, 2012 9:55pm
274 Views
Post# 20743167

RE: I wouldn't do this

RE: I wouldn't do this

For a Canadian shareholder, the SDP will give a higher after-tax revenue as taxes to be paid on capital gain are generally lower than taxes on dividends, including the tax credit. In a RRSP account the SDP will be 5% more generous than a cash dividend. I guess most Canadian will opt for the SDP option.

Bullboard Posts