Endeavour Mining plc T.EDV

canadian investors?

[biker222]

canadian gold investors do not value this dividend dilution when they have reduced value due to london listing. So.....tough to find wealth advisors recommending this! We may be seeing soft demand causing current price drop................just my thoughts
biker

[RONNIE111]

The fact that the Endeavour dividend is not eligible is for sure a negative for me.   But the Canadian dividend tax credit  is only available to individuals, not funds etc.  According to the EDV website retail investors only own 5% of EDV shares.  And then it is also only for Canadians, and EDV doesn't breakdown the nationality of retail holders, but my guess would be

[RONNIE111]

I forgot to mention in the post below..... If you hold EDV shares ,as a Canadian, in a TFSA or RRSP then the dividend of course has no tax consequences.