Agnico Eagle Mines Ltd (Ontario) T.AEM

Anyone been paid their dividend today. Not me !!!!

[peep2]

What gives?

[TimeBuilder]

ABSOLUTELY NOTHING GIVES  ;>)) peep2 - Please read our last posting for details Call your broker  ;>O

[Sunvalley]

Yup! Got 0.50 a share divvy CDN funds today. On the DRIP plan. Like printing money LOL.Also got the differential today from the merger. Good day for me in spite of the gold smackdown by the manipulators.

[JayBanks]

Depending on your brokerage it may take an extra day or 2 before you receive your payouts. I'm with Scotia and regular dividends always come in a day later than they are suppose to, specials, supplementals, shares and fractional share payouts may come on a day later, but sometimes it takes 2-5 days to appear. This is my first dividend from AEM with the conversion thing I don't know

[Quintessential1]

I am with CIBC and my dividends always show up a day later than they are suposed to (today) and my brother who is with TD always get his on the day they are suposed to arrive (yesteday). We also compare the exchange rate and CIBC seems to come out slightly ahead there with the dividend working out to $.5122 per share CAD so at least it is not a day late AND a dollar short. Better late than never.

[JayBanks]

  Dividend recieved, Scotia exchange worked out to .5062 I know Scotia has a history of higher fees on stuff like that so I guess since it's bank specific exchange I'll take a hit. When I originally did research on this type of dividend which I was not aware of until I was listening to the HOT.UN board and then found out that AQN who I'm also interested in does this also. I

[Quintessential1]

Yeah I also tried to keep the div in US funds for a travel stash but like you my broker informed me I would have to hold the US stock.  I have thought about holding the US version but I don't want the tax hassles right now, the cRA is a big enough pain in the butt and the conversion rate isn't horrible. Obviously there is a double loss as I will have to convert back to US funds

[JayBanks]

Your probably right, if I journal it over I would get hit by IRS and CRA on both dividends and one day down the road Capital gains... Its likely worth taking the hit on only playing with CRA

[TimeBuilder]

Quintessential1  Thanks for that GOOD to know.. Guess the exchange rate difference with TD is to pay for the on Time arrival of CASH.  LOL Regards,TimeBuilder  PS: thanks for sharing