RE: RE: RE: RE: record earnings coming next week.. a 3.7% yield is effectively well over 4% after you file your taxes due to div tax credit given by rev canada on eligible canadian corporations dividend payments... i believe the tax credit varies b/t 20-30% depending on which province you live in
this adds alot of yield and makes stocks like chl even better bargains.... its all about yield for most investors, to be able to get the growth of chl along with a very healthy dividend is a no brainer..... many companies the size and scope of chl would pay NO dividend and instead would squander the funds on poor acquisitions and salaries..... the fact that chl pays a healthy div makes it even more appealing to all kinds of investors and in todays day and age of bond yields non existant after taxation, a 4+% yield looks pretty good
glta