TSX:AD.DB.A - Post by User
Comment by
ckwongon Apr 17, 2021 9:13am
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Post# 33016767
RE:RE:RE:RE:Stock price
RE:RE:RE:RE:Stock priceDividend tax credit is good for the lowe tax bracket. For high tax bracket, the 38% gross up is very heavy for high tax bracket. If you have dividend income only, it is tax free up to around $60K. In case of AD, you have to pay tax to ~$26K. Perhaps your son can consider other opportunities now and get back to AD when tax is on his side.