GREY:CRIUF - Post by User
Comment by
StormyDon Jul 15, 2019 1:11pm
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Post# 29921204
RE:RE:RE:RE:Dividend depostited into 15 Jul - Where to reinvest?
RE:RE:RE:RE:Dividend depostited into 15 Jul - Where to reinvest?I bought some EIT.PR.B a while back when it was under $25 par. Thought it was a safer option - albeit at lower yield than EIT.UN. The prefs are retractible - meaning you the holder have the option to sell back to the issuer at $25 after the initial 6 year period. The beauty for both of these is that the income generated is primarily capital gain or return of capital - so taxed favourably!