American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

under 3.60 is just true gift in christmas.

[baldstock]

Annual dividend of 0.18 in "USD" 
Bought more under 3.60 such a gift ! thank you for sellers.

Even Canadian dollar go strong to 1:1 which won't happen in next decade. 
But if it did still 5% yield per annum.

Great!!

US economy is going strong and it is why FOMC doing tapering

Hotels will go boom in us due to shortage of rooms supply.

Hopefully it maintain under 3.60 JAN so I can add more in TFSA.

NO TAX for USD dividend right in TFSA?

First time I bought stocks that pay in USD.....................

[bcsc]

TFSA is not subject to the same tax treaties as RRSP. US sources of income are subject to withholding tax in TFSA.

[navajojoe]

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[flamingogold]

A 5% dividend is not enough for a stock like this.... too cheap. Inflation is eating our money at that pace annually right now so owning this for the div only gets you to breakeven. Plus, there is 15% withholding tax even inside a TFSA. "U.S. stocks held in a TFSA are subject to a 15 percent withholding tax on dividends." US dividend equities held inside a TFSA

[navajojoe]

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[flamingogold]

When you factor in the withholding tax and the conversion, the rate is only slightly more than 5%. Hardly dishonest especially considering that I didn't come up with the 5% number in the first place, the other poster did. I simply referenced it as my post was more about his question on TFSA's and withholding tax, which I posted a link on for his reference. 

[Capharnaum]

You're right, due to its structure, HOT.UN probably shouldn't be held in a TFSA. However, the distribution level shouldn't be judged based on a specific type of account. It's fine in a TFSA and in a margin account you can deduct the withholding tax on your tax income report. All that said, I like their new distribution level. Imo, it is set at a point where they can be

[navajojoe]

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[flamingogold]

You are correct, I am not holding the stock and I made it clear that the stock broke resistance at $3.71 and that weaker support is at $3.54. But, I would be a buyer at lower levels around $3. The market sees too much risk at this stage and an approx 5% distribution is not enough for that risk. One can buy stable preferreds for that rate. So, the share price is being reset lower and subsequently

[Arbutus22]

Regardless of dividend, sp hs been hammered owing to nothing but fear. This is a repeat of 18+ mos ago. Strong company, well capitalized, +30% payout ratio, insider buying. If Omicron sticks around a while and does damage, that would be unfortunate. However, it will pass, as will the fear, and I fully expect sp to bounceback strongly when the winds shift. I was a buyer yesterday and will continue

[navajojoe]

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[flamingogold]

The jury is still out on this new variant. A lot of cases but the hospitalizations and death counts are not showing up. For now, it's a panic moment again, so I'm playing it that way. I'm buying the fear, just not at this level for this stock and if I don't get any I can live with that. Just put in a stink bid and be happy if you get some too.

[JayBanks]

  Can I get more info on this... I have never heard about this myself. I thought if you hold it under the TSX ticker as a Canadian fund they would pay out the dividend at the $0.038 or the previous $0.054 per share rate in Canadian funds? Can you elaborate on how it appears in your account statement?  I have a Taxable Margin account that has a division between My Canadian