RE:RE:RE:RE:London callingYes I agree with your points.
As far as the corporate tax goes, if EDV pays less corporate tax because it pays it in it's host countries (and even if it is the same tax rate I am very happy it goes to the African countries and not to Can Gov) than it has more money left over to ,say, pay a bigger dividend. And I don't know the numbers, but it seems a pretty large percent of EDV holders are not Canadian, so the div tax credit is moot for them. I am not sure what the institutional holders and the large insider holders do with the dividend tax exposure. I know that some companies, like banks, let you roll the dividends back in to more shares, and thus avoid the dividend tax. Don't know if you can do that with EDV. But in all, I suspect the eligible dividend thing doesn't make much difference to most people holding EDV.
The dividend is nice for sure,and may attract a little buyer attention. And as far as new ETF's buying EDV, it seems there isn't much room for them. I haven't seen that EDV has put out the latest holdings after the mergers, but before EDV was 95% insider and institution. The ETF GDX would be a big mover of EDV but it is stuck at much lower levels than we need.
At this point, for me, the 2%, or whatever it ends up at, dividend that EDV pays , which is pretty standard for gold companies it seems , that is it is quite low; is of pretty small significance. I recently returned to Canada and in the place where I am trying to buy a house, prices seem to be up 30% in the past couple months. I need a double in share price of EDV just to get ahead of inflation there! And it sure looks to me that average inflation is now north of 6%, so again 2% in these , perhaps the 'FINAL DAYS' , doesn't help that much.