TSX:STB.DB.A - Post by User
Comment by
sleapeasyon Dec 16, 2015 11:49pm
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Post# 24390665
RE:72.5 cents US for $1 Canadian
RE:72.5 cents US for $1 CanadianThere is no dividend increase, that is a fx gain, just keeping par with .04 cents U.s and any Cdn rev will reflect currency echange loss(fx)
You could have just changed all you money to Us dollars last year and made a 10% gain on the fx.
If the cdn dollar were at par with U.S dollar the Cdn share price would be $3.68 and div would be .04 cents monthly