TSX:HOT.DB.V - Post by User
Comment by
flamingogoldon Jan 13, 2023 10:40am
155 Views
Post# 35221013
RE:RE:No withholding tax
RE:RE:No withholding taxChecking my past activity in my waterhouse account I do not see any retraction of funds post distributions for HOT. I will monitor this latest one to see if anything changes.
Still, this is a screaming buy in the $2 range (even $3 range) even if withholding taxes are applied. The travel sector is getting some love again. My CHR shares are hugely in the green and that is without any distribution yet while HOT is paying us 8.4% to wait. And that is with distributions still 70% below pre-pandemic levels. Imagine when they bump up again what the share price will do. Withholding taxes or not, are very much negligible when looking at the bigger picture.
pjn0987654321 wrote: I found with RBC that the withholding deduction would be applied a week or two later. To see, I had to go back and search the log for everything to do with HOT.UN.